Payslip, A document showing how much money you have earned and how much you will receive., Employee, A person who works for an employer/company., Employer, A person or company that gives you a job and pays your wages., Wages, Money you earn from working., Salary, A set amount of money you are paid for your job, usually shown as a yearly amount., Gross pay, The money you earn before anything is taken away., Net pay, The money you take home after deductions., Deductions, Money taken away from your gross pay., Income Tax, Money taken from your wages to help pay for public services., National Insurance (NI), Money taken from your wages to help fund state benefits and services., Pension, Money saved to help support you when you retire., Tax Code, A code used to help work out how much Income Tax you pay.

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