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Tax

QuestionAnswer
Premium the amount that must be payed to cover the risk
Gross Income Total income before tax is deducted
Net Income Income after tax is deducted
PRSI paye related social insurance
Income tax Tax payable on income
Value added tax Tax charged on goods and services
Capital Gains Tax Tax on profits made from selling assets
Corporation Tax Tax on profits earned by companies
Deposit Interest retention tax Tax deducted from interest earned on savings accounts
Created by: SeanHynes