| 单词 | pay-as-you-earn |
| 释义 | > as lemmaspay-as-you-earn pay-as-you-earn n. and adj. (a) n. a system by which an employer deducts income tax from an employee's wages or salary before paying them to the employee and sends the deduction to the Inland Revenue; abbreviated P.A.Y.E.; (b) adj. of or relating to such a system. ΘΚΠ society > trade and finance > fees and taxes > impost, due, or tax > tax > types of tax > [phrase] > income tax pay-as-you-earn1943 PAYE1944 1943 Times 4 Mar. 3/4 The Budget which has been introduced in the Canadian House of Commons..has as its main feature the proposal to place the income-tax system in Canada on a ‘pay as you earn’ basis. 1972 Accountant 6 Apr. 445/2 Pay-as-you-earn rates for 1972 are so much higher than last year that they could raise the tax take by the equivalent of some £1,500 million. 1992 M. Howard Public Finance in Small Open Econ. xii. 117 The distributional impact of stabilization policy may have been more severe in Jamaica, where the pay-as-you-earn (PAYE) was regressive on low incomes. < as lemmas |
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