What Is the Difference between Net Pay and Gross Pay?

Answer

The difference between gross pay and net pay is that gross pay refers to the total amount a person makes before any deductions such as taxes are made. Net pay on the other hand refers to the amount left when all deductions such as taxes and health benefits are made.
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4 Additional Answers
Gross pay is the Total of an employee's regular remuneration including allowances, overtime pay, commissions, and bonuses, etc., before any deductions are made while net Pay The remaining amount of an employee's gross pay after deductions, such as taxes and retirement contributions, are made
Gross pay is the amount one receives from an employer before any deductions are made while net pay refers to the amount one receives after various deductions such as tax and mortgages have been removed from the gross pay. Usually, the gross amount is bigger than the net pay.
Gross pay is the total amount before deductions, whereas Net pay is the total amount the employee receives.
The main difference between gross pay and net pay is that gross pay is the total amount of money paid before tax deduction. On the other hand net pay is the total amount of money received after subtracting deductions from the gross amount.
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