PAY AS YOU GO. A single, integrated system for reporting and withholding amounts and tax on business and investment income.
Pay As You Go. Most networks offer customers a pay as you go (or pre-pay) option whereby no monthly line rental is paid, but instead credit vouchers are purchased in order to make telephone calls. Handset costs with pay as you go may be slightly higher than pay monthly handset costs as networks do not subsidise this scheme in the same way as they do with pay monthly tariffs.
PAYG (or Pay As You Go) is a way a of paying for your phone bill. In this case, you pay for the phone calls in advance of making the calls, and when you run out, you use your top-up card to 'fill up' again with credit.
The system for the collection and payment of income tax. It replaces the PAYE system.
Pay As You Go. A payment scheme whereby credit vouchers are purchased in order to make telephone calls.
Pay As You Go is used to describe the process by which tax is deducted from your salary, wages and pension and annuity income. Each time you are paid income of this type, tax is deducted from your income by the payer and remitted to the Tax Office. The PAYG system also replaced the provisional tax system from 1 July 2000. The PAYG system will generally apply to those people who paid tax under the provisional tax system.
Pay-As-You-Go. PAYG is an Australian tax simplification initiative, introduced on 1 July 2000, comprising an integrated system for reporting and paying withholding amounts and tax on investment income.
The system by which regular payments are made by an individual to the Tax Office to meet income tax and other liabilities.
Pay as you go. This is where pension benefits are paid out of present day income. There is nothing set aside to pay future pension benefits . This is a type of unfunded scheme . The basic state pension and the State Second Pension are both pay as you go schemes, with the benefits paid from taxes.
