PAYE (Pay As You Earn) scheme
GPTKB entity
Statements (23)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
tax withholding system
|
| gptkbp:administeredBy |
gptkb:HM_Revenue_and_Customs
|
| gptkbp:appliesTo |
employers
employees |
| gptkbp:compatibleWith |
self-employed individuals
|
| gptkbp:employeeObligation |
provide correct tax code
|
| gptkbp:employerObligation |
report deductions to HMRC
|
| gptkbp:frequency |
monthly
weekly |
| https://www.w3.org/2000/01/rdf-schema#label |
PAYE (Pay As You Earn) scheme
|
| gptkbp:introducedIn |
1944
|
| gptkbp:legalBasis |
Income Tax (Earnings and Pensions) Act 2003
|
| gptkbp:method |
deducts tax from salary before payment
|
| gptkbp:purpose |
income tax collection
National Insurance contributions collection |
| gptkbp:relatedTo |
gptkb:National_Insurance
gptkb:tax_law tax code |
| gptkbp:scope |
pensions
salaried employment |
| gptkbp:usedIn |
gptkb:United_Kingdom
|
| gptkbp:bfsParent |
gptkb:Real_Time_Information_(RTI)_reporting_(UK)
|
| gptkbp:bfsLayer |
8
|