UK Government, the Law and Your Role
What does PAYE stand for?
APersonal Account for Your own Earnings and savings
BPayment Annually for Your Earnings at year end
CPublic Allocation for Year-end Employment tax
DPay As You Earn — income tax deducted directly from wages ✓
Answer & explanation
The correct answer is Pay As You Earn — income tax deducted directly from wages.
PAYE stands for Pay As You Earn. It is the system used to collect income tax and National Insurance from employees directly from their wages before they receive them.
This is one of 767 free Life in the UK test questions on Pass the UK Test. It is taken from UK Government, the Law and Your Role and covers paye, tax, income tax. Every answer is based on the official Life in the United Kingdom handbook. Browse all questions or take a free mock test.
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