PAYE - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “PAYE”

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PAYE

noun [U]
 
 
/ˌpiːeɪwaɪˈIː/
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 systembe 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)
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