PAYEE contribution

[rainbow123]

Hi All,

While reading the other posts in the forum, I read some one mentioning about PAYEE contribution.

What is this PAYEE contribution ? Is it different than NI ?

I have been drawing a low salary for which NI is not applicable.
Do I still need to pay the PAYEE contribution ?

Till now the only tax that I have paid to HMRC are
corporate tax for 2011-2012 (which was NIL)
VAT tax, every quarter
corporate tax for 2012-2013 which is due next month.


Can some one tell me what's PAYEE contribution ?

Thanks

[scorpio_besal]

PAYEE in this context refers to the income tax you pay on your salary that you draw from your company.