Business Terms and Jargon Explained

What is Give as you earn (GAYE)

This is a method of payment to a charity where the employer takes the money straight from your salary or wages to a charity of your choosing. The system is the same as the normal PAYE but with the additional deduction. This allows the employer to be accountable to the government for the deduction.

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Term created / updated 2005-07-16 23:12:15

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