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PAYE

American  
  1. pay as you earn.


PAYE British  

abbreviation

  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

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

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

From BBC • Dec. 10, 2019

In PAYE, loan payments are calculated as 10 percent of the previous year’s disposable income.

From New York Times • Jun. 14, 2014

Even if we can get more distressed borrowers into PAYE, the program does not provide effective protection against earnings risk.

From New York Times • Jun. 14, 2014

Indeed, many would rather be on the payroll and taxed through PAYE, but aren't given the choice by employers, some of whom are abusing the tax system.

From The Guardian • Oct. 12, 2012

It triggered a Treasury investigation across the government, which revealed that for more than 2,400 civil servants, tax was not being deducted when their wages were paid through PAYE.

From BBC • Oct. 5, 2012