Zoey
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It means what you will be payed after tax is taken out. Just multiply your weekly wage by 4 to work out what you will be paid. |
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katy1pm
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Net means after all deductions. So that is what you end up with in your hand. Gross means before tax and other deductions. So £75 per week net would be £300 per month in your hand to spend. Not much money, unless its a live in position with free accommodation and food etc. |
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flying charlie
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net should mean after tax. monthly net income is 75 x52 divided by 12. |
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annie
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Net means after any tax or other stoppages i.e. what you will actually receive. If you multiply the £75 by 52 (weeks in a year) and divide it by 12 (months) you will have £325 per month. |
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Pam W
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Net means after deductions, so £75 should be what you take home each week. Just multiple this by the number of weeks in the month. Ask your employer just to check what deductions have been taken off, ie have they allowed for income tax and national insurance. |
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Knowitall
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Everyon is right it is after deductions - but make sure ( if you do end up taking the job) that your employer is actually not just paying you in hand but also paying over the dudectyion to the tax people - sounds a bit dodgy - just make sure you know exactly whats going on! |
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Avalon
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thats what you will get in your hand |
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kate keith and the egg
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net is after all taxes etc have been taken out! a good way to remember the difference between gross and net income is to imagine your salary being poured through a fishing net meaning that all deductions get caught in it. therefore net income is all your income that has passed through the fishing net leaving taxes etc behind. |
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Florence-Anna
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Net is your take home pay - after deductions for tax etc..
To work out your monthly pay, multiply by 52 and divide by 12. |
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zoeksalamander
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it means it's not a lot. |
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cartman
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net means after tax its what you get in your pocket |
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duncanjfield
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Net means after all deductions, so it is the amount of cash you will be given.
net monthly income would be £325.
Gross monthly income.. you would need to know the deductions... is it a live in job and are they feeding you etc? |
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Scottish Girl
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Net is after tax so if its £75 you would be earning £3900 after tax. That is below min wage! |
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sparkleythings_4you
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That's such a low wage, honestly you can find better that, it's less than the minimum wage, in the UK it would be illegal to pay someone that little!!!! Keep looking girl, you're worth more than that. |
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internat y
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after deductions |
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Jexf
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Net is after Gordon has chomped on it !
Gross is before he has chomped on it !
Jex |
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