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Household Income

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Junior Certificate Business Studies Mind Map on Household Income, created by Time for Business by Edco on 23/02/2017.
Time for Business by Edco
Mind Map by Time for Business by Edco, updated more than 1 year ago More Less
Time for Business sample
Created by Time for Business sample about 8 years ago
Time for Business by Edco
Copied by Time for Business by Edco about 7 years ago
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Resource summary

Household Income
  1. Types of income
    1. Regular income
      1. Wage
        1. Salary
          1. Pension
            1. Child benefit
              1. Family income supplement
              2. Irregular income
                1. Overtime
                  1. Bonus
                    1. Lottery win
                      1. Dividends on shares
                        1. Commission
                        2. Disposable income
                          1. Discretionary income
                          2. Calculating income
                            1. Basic pay
                              1. Time rate
                                1. Piece rate
                                2. Additional payments
                                  1. Commission
                                    1. Bonus
                                      1. Overtime
                                      2. Gross pay
                                        1. Deductions
                                          1. Statutory deductions
                                            1. PAYE
                                              1. PRSI
                                                1. USC
                                                2. Voluntary deductions
                                                  1. Pension
                                                    1. Savings
                                                      1. Trade union
                                                        1. Health insurance
                                                      2. Payslip
                                                        1. Net pay
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