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PAYE

  1. pay as you earn.


PAYE

abbreviation for

  1. pay as you earn; a system by which income tax levied on wage and salary earners is paid by employers directly to the government
“Collins English Dictionary — Complete & Unabridged” 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012


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Example Sentences

However, they will have some of their salary covered by job retention schemes if they operate through PAYE.

From BBC

That means a cash value will be assigned to the coronavirus test by the employer, then the employee will pay income tax on the amount through PAYE.

From BBC

An individual can furlough an employee, such as a nanny, if they are paid through PAYE.

From BBC

This time there is a drop of £5.2m relating to VAT and PAYE.

From BBC

The Department of Education's Pay As You Earn, or PAYE, income-driven program is only available under direct and to newer borrowers who took out loans after October 2007.

From US News

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