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Q: What is A persons net pay is equal to a persons what?
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What makes up a persons net income?

Gross pay - all deductions and taxes = net pay.


What is the difference between gross and net pay known as?

withholdings


How does the amount of tax a person pays affect the persons disposable income?

Taxes and deductions for other items are subtracted from the worker's gross pay to calculate net pay.


How do you use the phrase net pay in a sentence?

Your net pay is what you get after you take out all of your expenses like taxes and insurance.My net pay is lower than yours.Taxes are based on your net pay.What will my net pay be on the new job?


Paid biweekly put you in different tax bracket?

No it doesnt put you in different tax bracket. The difference in net pay is a buck or two and it will eventually be same if you calculate it for the whole year. I.e. net pay bi weekly times 26 will be almost equal to monthly net pay times 12.


Does net net include taxes?

If looking at your pay stubs, you gross pay represents your total pay before taxes. The net pay is your pay after taxes.


Are garnishments calculated by net pay or gross pay?

are garnishments calculated by gross pay or net pay


What are the regulations that effect how you should be treated at work?

Equal Opportunities and Equal Pay, Race Relations and Sex Discrimination, Working Time Directive, Disabled Persons Acts


How do you know What is your gross pay if your net pay is 650.00?

Not enough information. You also need to know how much was discounted - either as a money amount, or as a percentage. For example, if you know the money, amount, the net pay is equal to gross pay minus discounts, therefore the gross pay is the net pay plus discounts. If you know the percentage discount, the calculation is just a little bit more complicated, but the point is that you would have enough information.


What is the formula to calculate net pay?

Pay rate 25 Hours 40 Net pay?


What is the take home pay the gross or net?

Generally, take home pay is net pay.


What is net pay on a pay slip?

The amount you take home. Net pay is the gross pay less all deductions.