Difference between revisions of "Pay as you earn"

From ACT Wiki
Jump to: navigation, search
(Add additional deduction items.)
(Update 2nd paragraph.)
 
Line 5: Line 5:
 
The system used in the UK to collect income tax and national insurance contributions from employees.
 
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.
+
Income tax and national insurance, together with other items such as student loan repayments and pension contributions, are deducted from wages and salaries by the employer, throughout the tax year.
  
  

Latest revision as of 10:38, 9 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, together with 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