Practice question
An operator pays drivers under PAYE. What must the operator do with income tax and social insurance deducted from wages?
- Keep it as additional profit
- Remit the deducted PAYE/PRSI to the Revenue Commissioners as required
- Return it to the drivers at year end
- Use it to buy new vehicles
Answer: B — Remit the deducted PAYE/PRSI to the Revenue Commissioners as required
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