Bank float and Pay as you earn: Difference between pages
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''UK tax.'' | |||
(PAYE). | |||
The system used in the UK to collect income tax and national insurance contributions from employees. | |||
Income tax and national insurance, plus other items such as student loan repayments and pension contributions, are deducted from wages and salaries by the employer, throughout the tax year. | |||
== See also == | == See also == | ||
* [[ | * [[Income Tax]] | ||
* [[ | * [[National Insurance]] | ||
[[Category:Accounting,_tax_and_regulation]] |
Revision as of 12:48, 7 November 2018
UK tax.
(PAYE).
The system used in the UK to collect income tax and national insurance contributions from employees.
Income tax and national insurance, plus other items such as student loan repayments and pension contributions, are deducted from wages and salaries by the employer, throughout the tax year.