What is another word for pay as you earn?

Pronunciation: [pˈe͡ɪ az juː ˈɜːn] (IPA)

Pay as you earn is a term that refers to a system of taxation where an employee's tax liability is deducted from their salary at source. This ensures that their taxes are paid as they earn, rather than being due in a lump sum at the end of the tax year. Some synonyms for pay as you earn include taxes deducted at source, withholding tax, and PAYE tax. Withholding tax refers to the practice of withholding a portion of income for tax purposes while PAYE tax is a specific term used in the UK to refer to the same system. These terms are commonly used in the discussion of taxation and financial matters.

Synonyms for Pay as you earn:

What are the hypernyms for Pay as you earn?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

What are the hyponyms for Pay as you earn?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

Famous quotes with Pay as you earn

  • PAYE means pay as you earn but it could also mean Pretty Accurate Yet Estimated.
    John Whiting

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