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Buisness > Pay > Flashcards

Pay Flashcards

1
Q

An example of a statuary deduction

A

National Insurace

Income Tax

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2
Q

An example of a voluntary deduction

A 
Pension
Company benefits (eg- parking place, company car)
Charity donations
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3
Q

What is gross pay?

A

The amount of pay you get before deductions

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4
Q

What is Net Pay?

A

The amount of pay you have after deductions

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Buisness (4 decks)

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