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PAYE income

Article Abstract:

The pay as you earn (PAYE) scheme applies mainly to income from a job, but the same system is used in the UK for taxing most company and private pensions. Under PAYE, deductions from the earnings or pension are used to pay tax due on all the income.

Publisher: Consumers Association (UK)
Publication Name: Which?
Subject: Consumer news and advice
ISSN: 0043-4841
Year: 2005
Tax Law, Public Finance Activities, Interpretation and construction, Pensions, Tax policy

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Tax and your pension

Article Abstract:

A brief description of various state and private schemes of pension provided for retirement is presented. Some of them are basic state pension, state second pension (S2P) and graduated pension.

Publisher: Consumers Association (UK)
Publication Name: Which?
Subject: Consumer news and advice
ISSN: 0043-4841
Year: 2005
Retirement Benefits, Evaluation, Tax exclusion, Simplified employee pensions

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Subjects list: United Kingdom, Taxation
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