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Business/studies activities

What is income? Income is the money received by a household.
What is benefit in kind? Benefit in kind is any non money income received for work done.
What is gross pay? Gross pay is the total income earned by a person.
What is overtime? Overtime is this is money paid to an employee when they work more than the required number of hours in a week. 
What does PAYE stand for? PAYE stands for Pay As You Earn.
What does PRSI stand for? PRSI stands for Pay Related Social Insurance.
What does USC stand for?
Created by: Businesstudies