payroll tax
noun
1
: a tax that is paid by a company and that is based on the amount of money that the company spends paying all of its employees
2
: money that is taken from a person's pay and given directly to the government as income tax
Examples of payroll tax in a Sentence
Recent Examples on the Web
The new 5% payroll tax applies to Seattle companies with workers who make at least $1 million a year.
—
Melissa Santos, Axios, 18 Mar. 2025
Congress could mull eliminating payroll tax cap As Social Security’s trust funds face a looming insolvency date, some proposals have suggested eliminating or lifting the cap on earnings subject to the Social Security payroll tax.
—Lorie Konish, CNBC, 7 Mar. 2025
What To Know The WEP reduced Social Security benefits for individuals who receive pensions from public-sector jobs—such as those held by state and federal employees—that did not require Social Security payroll tax contributions.
—Ross Rosenfeld, Newsweek, 26 Feb. 2025
The British Retail Consortium (BRC) said Wednesday that a survey of 52 chief financial officers revealed that 67% would respond to the increase the U.K.'s national insurance (NI) payroll tax by raising prices.
—Robert Olsen, Forbes, 15 Jan. 2025
See All Example Sentences for payroll tax
Examples are automatically compiled from online sources to
show current usage.
Read More
Opinions expressed in the examples do not represent those of Merriam-Webster or its editors.
Send us feedback.
Melissa Santos, Axios, 18 Mar. 2025
Congress could mull eliminating payroll tax cap As Social Security’s trust funds face a looming insolvency date, some proposals have suggested eliminating or lifting the cap on earnings subject to the Social Security payroll tax.
—Lorie Konish, CNBC, 7 Mar. 2025
What To Know The WEP reduced Social Security benefits for individuals who receive pensions from public-sector jobs—such as those held by state and federal employees—that did not require Social Security payroll tax contributions.
—Ross Rosenfeld, Newsweek, 26 Feb. 2025
The British Retail Consortium (BRC) said Wednesday that a survey of 52 chief financial officers revealed that 67% would respond to the increase the U.K.'s national insurance (NI) payroll tax by raising prices.
—Robert Olsen, Forbes, 15 Jan. 2025
See All Example Sentences for payroll tax
Cite this Entry
“Payroll tax.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/payroll%20tax. Accessed 2 Apr. 2025.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share