Employee Pay and Taxation in Ireland

Gross pay is the total amount earned before deductions, while basic pay is the fixed amount received before additional payments.

Tax bands are income ranges that determine the rate of income tax an individual must pay.

Salary is a fixed regular payment, usually expressed annually, while wage is payment for labor based on hours worked.

<p>PAYE stands for Pay As You Earn.</p> Signup and view all the answers

<p>Flat rate expenses allow certain employees to claim fixed expenses without providing receipts.</p> Signup and view all the answers

<p>A tax calendar includes important tax-related dates and deadlines throughout the year.</p> Signup and view all the answers

<p>Pension plans or retirement savings schemes provided by employers to help employees save for retirement.</p> Signup and view all the answers

<p>An individual who works for government entities or organizations funded by the government.</p> Signup and view all the answers

<p>It is a unique identifier used for all dealings with public service agencies and government departments.</p> Signup and view all the answers

<p>Non-cash benefits provided to employees in addition to their salary, subject to taxation.</p> Signup and view all the answers

<p>It is based on employees' normal wages or salaries.</p> Signup and view all the answers

<p>It is a social insurance contribution scheme providing welfare benefits like unemployment and illness benefits.</p> Signup and view all the answers