Payroll tax — generally refers to two kinds of taxes: Taxes which employers are required to withhold from employees pay, also known as withholding, Pay As You Earn (PAYE) or Pay As You Go (PAYG) tax; and taxes which are paid from the employer s own funds and… … Wikipedia
payroll tax — ➔ tax1 * * * payroll tax UK US noun [C or U] ► ECONOMICS, TAX any tax that is based on employees pay, and is either paid by an employer or partly taken by an employer from what employees earn: »The proposed budget includes a 3% payroll tax on… … Financial and business terms
payroll tax — pay·roll tax n: a tax that is levied as a percentage of an employee s pay and is usu. paid by the employer Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. payroll tax … Law dictionary
payroll tax — payroll .tax n [U and C] a tax that is taken from someone s wages and given directly to the government →↑income tax … Dictionary of contemporary English
payroll tax — a tax levied against the amount of wages and salaries paid workers. [1980 85] * * * ▪ taxation levy imposed on wages and salaries. In contrast to income taxes, payroll taxes do not include income from capital sources such as dividends and… … Universalium
payroll tax — noun : a government or state tax levied on employers as a percentage of wages and salaries paid to employees compare withholding tax * * * a tax levied against the amount of wages and salaries paid workers. [1980 85] * * * payroll tax, a tax… … Useful english dictionary
Payroll tax model — The common Payroll tax models show the functional relation between Gross income of employees and Payroll tax rate. The following equations give us a new look on the Payroll tax rate estimation. There is another way that wasn t discovered until… … Wikipedia
payroll tax — A tax based on the total of an organization s payroll. The main function of such a tax would be to discourage high wages or over employment. The current employers Class 1 National Insurance contributions constitute such a tax … Big dictionary of business and management
payroll tax — noun (C, U) a tax that an employer must pay to the government in the US, and that is a percentage of the total wages they pay … Longman dictionary of contemporary English
payroll tax — /ˈpeɪroʊl tæks/ (say payrohl taks) noun a tax levied by a Government on employers, based on the salaries and wages they pay out …