PAYE
PAYE
Pay As You Earn (PAYE) is a way of paying income tax and national insurance contributions and is deducted by your employer.
What is PAYE?
PAYE means Pay as you earn, which basically means all the money deducted from your wage for tax. This is how you pay both your income tax and your national insurance. You are allowed up to a certain amount before you need to pay any income tax.
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