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Research Results For 'PAYE'

KINGSLEY WOOD

Picture of Kingsley Wood

Sir Kingsley Wood was an English Conservative politician. He was born in 1881 at London and died in 1943. After training as a solicitor he entered parliament as Conservative MP for Woolwich West in 1918, was knighted in 1919 and after holding several junior ministerial posts was Postmaster-General from 1931 to 1935, Minister of Health from 1935 to 1938 and Secretary of State for Air from 1938 to 1940, overseeing Britain's Air Force during the start of the Second World War. From 1940 to 1943 he was Chancellor of the Exchequer and introduced the PAYE (pay-as-you-earn) system of income tax.
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PAYE

PAYE is an abbreviation for Pay As You Earn
PAYE is an abbreviation for Pay As You Enter
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