Criado por shaunagregory201
mais de 10 anos atrás
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Questão | Responda |
income | is money earned |
regular income | is paid at fixed intervals e.g. jobseekers allowance, wages or salary |
additional income | is received occasionally, e.g. bonus, overtime or a commision |
benefit- in - kind | is also a form of income, sometimes known as 'perk' and is not paid in the form of money. the benefit can be official, e.g. company car, discounted insurance, or unofficial, e.g. personal phone calls, stationery |
statutory deductions | are what you must give up from your salary/ wages |
voluntary deductions | are what you choose to have paid from your salary/ wages e.g. pension contribution, health insurance, trade subscription |
gross pay (gross wage) | basic pay + overtime + commission + bonus =gross pay |
net pay (net wage) | gross pay - all deductions (i.e. both statutory and voluntary) = net pay |
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