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Your First Payslip Explained: Where Your Money Actually Goes
Your first payslip is going to confuse you, because the number you're promised is never the number that lands in your account. Here's what every line means, from an accountant. The salary you're offered, say £25,000, is your gross pay, before anything is taken. What actually hits your account is your net pay, and it's noticeably less. Here is ...
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