Business Terms and Jargon Explained

What is Payroll

Payroll is a system to pay employees their salaries and wages. Payroll is administrated by the company (employer), where the employees tax's are deducted and paid to the government on their behalf. All employees are are given a payslip which tells them their salary and the tax that has been deducted.

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Entitled Vessel EAT Period Entry
Garnishee Order Merit Good EEMEA
Bequest Accruals Basis Leverage
Zero Growth Audit Report Txid
Acquisition Log Company Tax Return
Payer Without Prejudice Ademption
Narrowband Your Honour Armchair general
CPC House Organ Gross National Product
Independent Review Service Write-off Tribunal
ETA Out of Pocket COO
Class Licence ROI Operating System
Advantages of Revenue Paanga Mala fides
Garage Sale Convertible Mark Aggregate holding company

Term created / updated 2005-07-16 23:12:15

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