6364531
Description
Mind Map by Jenny Marshall, updated more than 1 year ago
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Created by Jenny Marshall
almost 10 years ago
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Income
- Money received over a period of time
- Sources of Income
- Wages and Salaries
- Pensions
- Child Benefit
- Jobseekers Benefit
- Family Income Supplement
- Interest on Savings
- Dividends
- Windfall
- Windfall
- Dividends
- Interest on Savings
- Family Income Supplement
- Jobseekers Benefit
- Child Benefit
- Wages vary depending on work completed
- Time Rate
- Piece Rate
- Overtime
- Commission
- Bonus
- Bonus
- Commission
- Overtime
- Piece Rate
- Time Rate
- Salary is a fixed sum
- Pensions
- Wages and Salaries
- Benefit-in-Kind
- Non money income
- Non money income
- Regular
- Ongoing basis
- Ongoing basis
- Irregular
- less predictable, can't be guarateed
- less predictable, can't be guarateed
- Basic Pay
- Pay for normal working hours
- Gross Pay
- Amount EARNED before deductions
- Statutory Deductions
- PAYE
- PRSI
- USC
- PAYE
- Voluntary deductions
- Pensions
- Savings
- Pensions
- Statutory Deductions
- Net Pay
- Take home pay after
deductions
- Take home pay after
deductions
- Amount EARNED before deductions
- Pay for normal working hours
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