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Payer
(redirected from PAYE)

   Also found in: Dictionary/thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia 0.01 sec.
Payer
The person making a payment to a payee.

Payer
A person or institution that makes a payment. In ordinary transactions, the buyer is the payer, though a third party may be the payer in some circumstances. In bonds and loans, the issuer or borrower is the payer to the bondholder or lender. In equities, a publicly-traded company is the payer of dividends. See also: Payee.


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It is thought that all PAYE workers who receive delayed payment of wages will also be affected.
Paul Thompson, aged 48, is also accused of covering up his thefts by falsifying the amounts paid by Leamingtonbased Hopkins Catering to HM Revenue and Customs for PAYE and National Insurance.
He said: "HMRC finds certain areas of VAT and PAYE compliance particularly lucrative.
 
 
 
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