Microphone does not work on Windows 8 Skype

If microphone and video are not working in Skype on your Windows 8 machine, you are at the right place.
 
The solution is simple. By default, both Microphone and Webcam are disabled on a Windows 8 machine for Skype.
 
Go to Skype Permissions and turn On Microphone and Webcam. 
 
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