Meaning of “PAYE” in the English Dictionary


"PAYE" in Business English

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PAYEnoun [ U ]

/ˌpiːeɪwaɪˈIː/ uk us

HR, TAX abbreviation for pay as you earn: a system in the UK for collecting income tax in which a person's tax is taken off their pay and sent to the government by their employer:

a PAYE code
the PAYE system
be on PAYE And if you are on PAYE, you can spread the payments by a change in your tax code.

(Definition of “PAYE” from the Cambridge Business English Dictionary © Cambridge University Press)