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Prompt How is net pay different from gross pay?

Prompt How is net pay different from gross pay?
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3 votes
Prompt
How is net pay different from gross pay?

asked
User CaldasGSM
by
8.0k points

1 Answer

3 votes

Answer:

Gross pay: amount of money your employees receive before any taxes and deductions are taken out.

Net pay: amount of money your employees take home after all deductions have been taken out.

Net Pay is the money they actually get on payday

answered
User Kevin Cunnane
by
7.5k points
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