Most employees are paid on the same date each month, or the last working day of each month. However some employees are paid weekly, every 2 weeks or every 4 weeks. But what has this got to do with Universal Credits?
The PAYE system for collecting tax from employees’ earnings was introduced in 1944 and has ensured that deductions from employees are paid over to HMRC. Employees have no option but to pay PAYE tax however there is a comprehensive list of benefits and payments that can be provided to employees without any tax consequences.