PAY As You Earn (PAYE) is not a tax but a method of collecting income tax from compensations of employees and directors:
- Basic salary,
- Allowances,
- Benefits.
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Why you need to learn about PAYE:
- To know how to negotiate for correct salaries.
- To appreciate that 1/3 of your earnings is tax.
PAYE is collected from individuals.
- Employees.
- Directors.
The individuals are:
- Tax Residents,
- Non-Tax residents.
Pay As You Earn Video
To find out more about Pay As You Earn, watch the video.
The video ...
In the video, you will learn:
a. What is PAYE
b. There are other videos about tax.
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