Resources for Gross Pay, Net Pay and Deductions
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Gross Pay, Net Pay and Deductions Theory
NSW Y11 Maths - Standard Earning and Managing Money Gross Pay, Net Pay and Deductions
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Gross Pay, Net Pay and Deductions - Video - Gross Pay and Net Pay
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Theory
If you only have one source of income, your gross pay is the total amount that your employer has agreed to pay you.
Your net pay is the amount that the employer puts into your bank account after they have taken deductions out of your pay.
Deductions could be superannuation, PAYG tax or HECS repayments that come out of your income before they get to you