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PAYE in the UK: What is it and why is it mandatory?

PAYE in the UK: What is it and why is it mandatory?

PAYE (Pay As You Earn) is the UK system through which employers officially deduct tax and National Insurance from employee wages.

If you have even one employee, you are required to operate PAYE.

Many small businesses ignore this, assuming it does not apply to them. However, the law makes no exceptions based on business size