GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||
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12:29 Feb 28, 2014 |
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English to Lithuanian translations [Non-PRO] Bus/Financial - Accounting | |||||||
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| Selected response from: Leonardas Local time: 17:07 | ||||||
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Summary of answers provided | ||||
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5 | pajamų mokestis mokamas iš karto |
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4 | pajamų mokestis, atskaičiuojamas nuo atlyginimo |
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pay as you earn (p.a.y.e.) pajamų mokestis, atskaičiuojamas nuo atlyginimo Explanation: . Reference: http://en.wikipedia.org/wiki/Pay-as-you-earn_tax |
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pay as you earn (p.a.y.e.) pajamų mokestis mokamas iš karto Explanation: "A pay-as-you-earn tax (PAYE) is a withholding tax on income payments to employees. Amounts withheld are treated as advance payments of income tax due." (Wikipedia). You pay income tax according to this system at once but not after a period of time as you do if you are self-employed. |
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