Payment for Work
- Created by: epic indi
- Created on: 19-03-19 12:25
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- Payment for Work.
- Deductions from gross pay
- Compulsory
- Income tax
- National insurance
- Voluntary
- Union contributions
- Life Insurance
- Health insurance
- Pension
- Compulsory
- Tax
- PAYE - Pay as you earn
- Tax Codes
- To work out how much tax you pay. HMRC gives you a tax code.
- The number is usually the amount you earn divided by 10.
- The letter is how much tax you pay.
- Ways of getting paid
- cash
- Cheque
- Pay Path - electronic way (direct debit).
- Deductions from gross pay
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