Picture of a payslip. When you click on each part, you find out more about it.

Payments show monthly basic pay and overtime pay. This payslip shows basic pay of £1283.33.

Total gross pay is the total of all the payments. In this case it is the same as basic pay. Gross pay is pay before money is taken off. Deductions are taken from your pay. PAYE tax is income tax, which is paid to the government. This payslip shows tax of £148.75. National Insurance pays for health and benefits. This payslip shows national insurance of £88.73. Pension is savings for when you retire. This payslip shows a pension contribution of £51.34.

Total deductions is the sum of all the deductions. This amount is taken off your total gross pay. This payslip shows total deductions of £288.82.

Net pay is the amount of money you receive. It is gross pay minus deductions. This payslip shows net pay of £994.51.

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