Payer

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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.
References in periodicals archive ?
and therefore qualified to participate in the PAYE Plan.
These demands are a result of the new National Insurance and PAYE Service computer, into which RTI data will feed, cross-checking numerous old HMRC computers for taxpayer records as it creates a new single record for each taxpayer).
Andrew Smith, tax partner at leading accountancy firm Kingston Smith, says: "Confusion over the forthcoming deadline may be particularly high amongst employees who pay tax under PAYE, but come under the self-assessment system due to additional income or gains not covered by PAYE.
Paye describes the Board's decision as an act of injustice, saying, 'In the instant case, it is my opinion, that the Board of Governors, BWI, did not do justice in the manner it approached the suspension of Principal Tarnue'.
'However, examining the composition closely, one will observe that this was driven mainly by PAYE. While the growth is commendable, there is still room for improvement.
class="MsoNormalIf it roped in the matatu crews' income, the Kenya Revenue Authority (KRA) would collect more from the PAYE tax head.
Avec ce niveau de remuneration de 87.652 USD, BCE serait le 7 eme chef d'Etat africain le mieux paye, juste avant le Rwandais Paul Kagame (85.000 USD selon le journal parisien Le Courrier du Soir ), mieux que le president egyptien Abdelfattah Essisi avec ses 70.400 USD selon la meme source, nettement mieux que le tout-puissant president chinois Xi jinping et ses 22.000 USD par an en 2016.
A taxpayer who pays under Pay As You Earn (PAYE) will get 1/52nd of her/his allowances as tax free pay every payday if s/he is paid weekly, or 1/12th of her/ his allowances each payday if s/he is paid monthly.
Constancio Paye Jr as the new regional director of the Mines and Geosciences Bureau in Davao Region, Engr.
MORE than 5m UK taxpayers will either receive a tax windfall or face having to repay money over the coming months - after paying incorrect amounts of tax through the Pay As You Earn (PAYE).
Ms Banks said the mistake arose from difficulties in following the Government's advice on paying apprentices on the Pay As You Earn (PAYE) website.
MOVES by the taxman to stagger PAYE penalties will take the pressure off many smaller businesses across the Midlands, says a business expert.