deduct at source
Frequency: 5.52.1 per million words
To remove an amount of money (especially tax) from a payment before the recipient receives it.
Categories:
Examples (10)
- Tax is deducted at source.
- The company will deduct pension contributions at source.
- In our country, income tax is always deducted at source by the employer.
- Will my national insurance contributions be deducted at source?
- It is a legal requirement for businesses to deduct income tax at source.
- Last year, a significant portion of my bonus was deducted at source.
- The system is now deducting the correct tax amount at source.
- Please ensure that all relevant taxes are deducted at source before issuing payment.
- Deducting tax at source simplifies the process for most taxpayers.
- The advantage of having tax deducted at source is that you don't have to file a complicated return.