IE
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PAYE basis that ignores year-to-date information for the period.
Week 1 / Month 1 basis applies tax credits and rate bands only for the current pay period and does not reconcile year-to-date totals. It can be used in certain situations and may change the timing of over- or under-payments.
This definition is for informational purposes only and does not constitute tax, legal, or financial advice. Rules may change and outcomes depend on your circumstances.