Pay-as-you-go basis

Pay-as-you-go basis

A method of paying income tax in which the employer deducts a portion of an employee's monthly salary to remit to the IRS.
References in periodicals archive ?
Gerstner also promised that IBM would focus on this new utility model, delivering software, server time and data storage to customers on a pay-as-you-go basis, like power from a socket.
This is financed on a pay-as-you-go basis and forms the second pillar.
The demo showed how public-domain Java applications and games can be offered free to customers as a value-added courtesy, and also showcased Speiros' built- in usage-metering services, which make it easy to deliver applications on a monthly rental or pay-as-you-go basis.
However, City Administrative Officer Keith Comrie's office said in a report three months ago that only $20 million of the work is really needed now and can be done on a pay-as-you-go basis over six years without the need for debt financing.
In addition, the FASB proposes that additional amortization of the transition obligation be recorded if the computed amortization on a cumulative basis is less than the amount that would be recognized on a pay-as-you-go basis.
The high levels of net revenue allow the facility to cover its annual renewal and replacement expenses as well as large one-time expenses on a pay-as-you-go basis.
Unlike private pension plans where employee contributions are saved and invested, the Social Security system is financed on a pay-as-you-go basis.
With the explosive growth and demand for advanced multimedia applications, the need to integrate with a proven OSS platform is essential in order to create and deliver new services so that customers can adopt them on an as-needed or pay-as-you-go basis.
Annual capital reinvestment in Western Turnpike facilities is expected to range from $27 million to $37 million during the remaining life of the bonds and are expected to be funded on a pay-as-you-go basis from the general fund.
The projects are intended to keep the system in a state of good repair and will be cash funded on a pay-as-you-go basis.
Capital needs are quite manageable and will be funded primarily on a pay-as-you-go basis.
Most capital improvements are done on a pay-as-you-go basis, and before 1999, the system did not have debt.