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noun
the British system of withholding tax
• Syn: ↑pay as you earn
• Hypernyms: ↑withholding tax, ↑withholding
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abbreviation1. pay as you earn
2. pay as you enter
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pay as you earn.
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PAYE UK [ˌpiː eɪ waɪ ˈiː] US [ˌpi eɪ waɪ ˈi]
pay as you earn: a system in the UK in which tax is taken from your salary before you get it
Thesaurus: relating to tax and taxationhyponym
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PAYE (no periods) or P.A.Y.E.,
1. British. pay-as-you-earn: »
It has many features comparable to the British income tax system, including P.A.Y.E. (Manchester Guardian).
2. pay as you enter.
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/ˌpiːˌeıˌwaıˈiː/ noun [noncount]
Brit : ↑withholding tax
◇ PAYE is an abbreviation of the words “pay as you earn.”
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pay as you earn (a British system of paying income tax in which money is taken from your wages by your employer and paid to the government)
Useful english dictionary. 2012.