Employers

Pattern Bargaining
Pattern bargaining is a negotiation strategy where individual employee unions and employers reach agreement on the basis of a collective bargaining settlement developed elsewhere. This can occur on a national or regional basis and can be initiated by either a union or an industry.
Pay-as-you-earn (PAYE)
Pay-as-you-earn (PAYE) is the UK scheme for collecting income tax and National Insurance contributions. It places the responsibility on employers to collect these taxes from employees as payments are made.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.