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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Hardware Chargeable Asset Line Manager
Colon - El Salv Faciendum Procurement
Receiver Non compus mentis VIES
High Risk CAP Goods FAQ Mens rea
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T-account Vatu Account payee
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Testatrix Automatic trade Privilege
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Orse Tied loan Excise Warehouse
Quid pro quo Executrix Royal Mint
Net income CIF Pre-Financing
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Term created / updated 2005-07-16 23:12:15

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