DEF is considering introducing a Pay-As-You-Earn (PAYE) system but unsure of the advantages of using it.
Which of the following statements are advantages from the employees perspective of an entity using a PAYE system for collecting taxes from employees.
Select ALL that apply.
Suggested Answer: B, D, E
Get Premium CIMAPRA19-F01-1 Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
24 comments · newest first
MI
Micaela
10 months ago
Totally agree with B, no late penalties is a win!
RO
Robt
10 months ago
Wait, can employees really deal with tax authority directly?
ST
Stanford
11 months ago
C seems off, why would they calculate their own tax?
HU
Hui
11 months ago
I think E is a big plus too!
JU
Julieta
11 months ago
B and D are definitely advantages!
SA
Sabra
11 months ago
A seems off to me; I don't think employees deal directly with tax authorities under PAYE.
JE
Jerilyn
12 months ago
I practiced a similar question, and I feel like E is definitely an advantage since tax is deducted at source.
AN
Annice
12 months ago
I'm not entirely sure, but I think D makes sense since employees wouldn't need to do a self-assessment with PAYE.
FA
Fannie
12 months ago
I remember that one of the advantages is avoiding late payment penalties, so I think B could be correct.
JA
Jamey
1 year ago
Okay, I think I understand the PAYE system and how it works. I'll select the options that clearly describe advantages for the employees.
IZ
Izetta
1 year ago
The options cover a range of potential benefits, I'll need to evaluate each one to determine which ones are truly advantages from the employee's perspective.
EL
Elke
1 year ago
Hmm, I'm a bit unsure about this one. I'll need to think through the PAYE system and how it impacts employees to make sure I choose the right advantages.
RO
Rozella
1 year ago
This question seems straightforward, I'll go through the options carefully and select the ones that are clear advantages for employees.
LE
Leslee
1 year ago
I disagree with option A, I don't see how dealing with tax authority directly is an advantage for employees.
AM
Amber
1 year ago
D and E are the way to go. The employee doesn't have to do anything except show up and get paid. It's like tax magic!
DA
Daniel
1 year ago
I'd go with B, D, and E. Anything that makes tax time less of a headache is a win in my book. Though I do enjoy a good calculator workout, so C is tempting too.
MA
Marlon
1 year ago
I also think option B is an advantage, as you won't get charged penalties for late payments.
LA
Laticia
1 year ago
I agree with Andree, option E is definitely a benefit of using a PAYE system.
MI
Miesha
1 year ago
B, D, and E are the best options in my opinion. Avoiding penalties and not having to worry about budgeting or filing a tax return? Sign me up!
WI
Willow
1 year ago
B, D, and E are definitely the best options. Who wants to deal with penalties and extra paperwork?
AN
Andree
1 year ago
I think option E is an advantage because you don't have to worry about budgeting for tax payments.
FE
Fernanda
1 year ago
I think D and E are the clear advantages here. Who wants to deal with the tax authority directly or calculate their own tax payment? That's just asking for trouble!
TA
Tammy
1 year ago
I think A could also be seen as an advantage, some people might prefer dealing with the tax authority directly.
DO
Dominic
1 year ago
I agree, D and E are definitely the main advantages. It's much easier when the tax is deducted at source.