Letters initially relating to tax (4)
I believe the answer is:
paye
'tax' is the definition.
(PAYE is an example)
I cannot understand how the rest of the clue works.
Can you help me to learn more?
(Other definitions for paye that I've seen before include "Plain man's income tax system" , "System of withholding tax" , "The working man's income tax system" , "The working persons' tax system" , "The tax system for the working man" .)