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6 Cards in this Set
- Front
- Back
what are wages
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a wage is if you work weekly. |
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what are salary
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a salary is getting payed after a year so you work for a year.
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what are gross pay
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is the total amount of money you get before taxes or other deductions are subtracted from your salary.
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what are net pay
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is the amount one receives after taxes.
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what are income tax
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tax levied directly on personal income.
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what are national insurance
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the system of compulsory payments by employees and employers to provide state assistance for people who are sick, unemployed, or retired.
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