What is the difference between gross & net pay

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06-01-2022
Business

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What is the difference between gross & net pay

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baymax21 baymax21 · Answer 1 · 2022-01-06T21:43:00+01:00

baymax21 baymax21

06-01-2022

Gross pay is what employees earn before taxes, benefits and other payroll deductions are withheld from their wages. The amount remaining after all withholdings are accounted for is net pay or take-home pay.

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