Define: Withholdings

UK Accounting Glossary

Definition: Withholdings


Quick Summary of Withholdings


The amount of money that’s withheld from an employees salary and paid (by the employer) to the correct authority. Some examples include pension schemes and national insurance.



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Full Definition of Withholdings




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To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/withholdings/
Modern Language Association (MLA):
Withholdings. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. July 18, 2019 https://payrollheaven.com/define/withholdings/.
Chicago Manual of Style (CMS):
Withholdings. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/withholdings/ (accessed: July 18, 2019).
American Psychological Association (APA):
Withholdings. PayrollHeaven.com. Retrieved July 18, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/withholdings/

Definition Sources


Definitions for Withholdings are sourced/syndicated from:

  • Oxford Dictionary Of Economics
  • BusinessDictionary.com
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 28th December 2018.