National Insurance Contributions pay for...

1.   ?    Protection against redundancy
2.   ?    The NHS and Government
3.   ?    The NHS, entitlement to Sate Pension and Benefits
4.   ?    The Inland revenue

PAYE stands for

1.   ?    Pay All Year Ending
2.   ?    Pay As You Eat
3.   ?    Pay As You Earn
4.   ?    Pay After You Exit

Your tax code tells you....

1.   ?    How much Income tax you have to pay this year
2.   ?    How much you can earn before paying income tax
3.   ?    How much Income Tax you paid last year
4.   ?    How much Income Tax you can get refunded

A tax code of 489L allows you to earn how much before paying tax....

1.   ?    £489 per year
2.   ?    £4.89 per year
3.   ?    £48.95 per month
4.   ?    £4895 per year

BACS payment method stands for

1.   ?    Bankers Automated Clearing System
2.   ?    Bankers Automatic Cash System
3.   ?    Banks Advanced Clearing System
4.   ?    Bank Added Cleaning System

Gross Pay means

1.   ?    Not very good pay
2.   ?    Pay without Tax deducted
3.   ?    Pay without Tax or National Insurance deductions
4.   ?    Pay after Tax is deducted

Net Pay is

1.   ?    Always higher than Gross Pay
2.   ?    Also known as "Take home" pay
3.   ?    Gross pay minus any deductions
4.   ?    Added to Gross Pay to give "Take home" pay

You receive a P45 when you....

1.   ?    Leave a job
2.   ?    When you are off sick
3.   ?    At the end of each year
4.   ?    Ask your employer

A P60 tells you....

1.   ?    How much you owe in Income tax for the year
2.   ?    How much your employer owes you
3.   ?    How much Tax you have paid this year
4.   ?    How much tax you will pay next year

The National Minimum Wage applies to

1.   ?    Most people aged over 16
2.   ?    Most people aged over 18
3.   ?    Only people aged over 22
4.   ?    People aged over 30