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Published byArnold Hudson Modified over 9 years ago
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1 Deductions Press Ctrl-A ©2009 – Not to be sold/Free to use Stage 5 Year 9
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2 Deductions (1/2) Gross pay = normal pay + overtime + allowances = gross pay - total deductions Net pay End of Slidec
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3 Deductions (2/2) Consumer Arithmetic End of Slide $540 James earns $540 per week gross. $50$90 He pays $50 tax and $90 superannuation. Net What is his Net income? Net Net income = $540- $50 Tax - $90 Superannuation = $400 Gross Income
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4 Deductions (2/2) Consumer Arithmetic End of Show $440 Runae earns $440 per week net. $40$120 He pays $40 tax and $120 superannuation. Gross What is her Gross income? Gross Gross income = $440+ $40 Tax + $120 Superannuation = $600 Net Income
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