What is the difference between net pay and gross pay


Asked by admin @ in Mathematics viewed by 325 People


What is the difference between gross pay and net pay

A.Gross pay is the amount paid in payroll taxes; net pay is the amount before payroll taxes.
B.Gross pay in the take-home amount; net pay is the amount before payroll taxes.
C.Net pay is the take-home amount; gross pay is the amount before payroll taxes.
D.Net pay is the amount paid in payroll taxes; gross pay is the amount before payroll tax

Answered by admin @



Answer:

Gross pay is the amount of money your employees receive before any taxes and deductions are taken out. ... Net pay is the amount of money your employees take home after all deductions have been taken out. This is the money they actually get on payday.

Step-by-step explanation:


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