Pay As You Earn (PAYE) refers either to a system of incometax withholdingby employers or an income-based system for student loan repayments. In the context of taxes, Pay As You Earn requires employers to deduct income tax—and in some cases the employee portion of social insurance benefit ...
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You don't need to be an expert to complete your self assessment tax return. Find Out More What about National Insurance Contributions? As an employee, you already pay Class 1 National Insurance contributions (NICs), which are deducted via your employer’s PAYE/payroll. But, second-job freel...