An Introduction to Pay As You Earn (PAYE)

  • Price: £3.60
  • Published: March 2017
  • Type: Business Information Factsheet
  • Format: PDF

Pay As You Earn (PAYE) is the HM Revenue & Customs (HMRC) system for collecting income tax, National Insurance contributions (NICs) and student loan repayments from employees. Employers normally have to operate PAYE as part of their payroll system. This means reporting payroll information to HMRC, making the correct deductions from employees' pay and the correct payments to HMRC, and maintaining an orderly system of pay-related records.

This factsheet explains how to manage the deduction of income tax, NICs and student loan repayments from employees' pay, and how to reclaim statutory payments made to employees, such as Statutory Maternity Pay. It also explains what information must be included on pay statements.

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