In this video, we dive into Section B, Question 18 from the 2019 Junior Cycle Business paper. We will guide you step-by-step through the process of completing and calculating a wage slip for Mary 💰
⏱️Timestamps⏱️
0:00 Introduction
0:40 Understanding Earnings
1:15 Calculating PAYE and Tax Credits
2:35 Calculate PRSI
2:45 Calculate USC
3:25 Calculate Net Pay
🔢Topics covered:
Calculating Gross Pay
Determining PAYE (Pay As You Earn) deductions
Calculating PRSI (Pay-Related Social Insurance)
Understanding and calculating USC (Universal Social Charge)
Calculating Net Pay to find Mary’s final take-home pay
This video is perfect for Junior Cycle students looking to strengthen their understanding of wage calculations and improve their skills in Business Studies. Follow along, take notes, and practice the concepts to master this important topic!
4 авг 2024