PAYE

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pay as you earn.
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British Dictionary definitions for paye

PAYE


abbreviation for (in Britain and New Zealand)

pay as you earn; a system by which income tax levied on wage and salary earners is paid by employers directly to the government
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012