ch.3 Taxation Vocabulary

Front

Total income before payroll deductions.

Back

gross pay

Front

income paid as a percentage of sales made by a salesperson.

Back

commission

Front

Money added to an employee's vase pay.

Back

Bonus

Front

Money paid beyond services that are required.

Back

Tip

Front

a wage based on the amount of work which is completed.

Back

piecework

Front

tax means to use legal authority to impose a payment

Back

levy

Front

a fixed payment for work and is expressed as an annual figure.

Back

salary

Front

payment for work that is usually calculated on an hourly, daily, or piecework basis.

Back

wage

Front

the income received from employment, including self-employment

Back

earned income

Front

earnings from sources other than work.

Back

unearned income