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WorksheetsSalaries and Payslips Quiz
Total questions: 24
Worksheet time: 19mins
What is the purpose of identifying different websites and resources?
To improve understanding of personal finance management
To find entertainment options
To learn new languages
To plan vacations
What is the agenda's approach to understanding tax?
Calculating PAYE and National Insurance Contributions
Avoiding tax payments
Ignoring tax laws
Paying the maximum tax
What is the agenda's approach to wages?
Discussing minimum and living wages
Ignoring wage differences
Focusing only on minimum wage
Focusing only on living wage
How can an employer provide a payslip?
By post, email, in person, or online
Only by email
Only in person
Only by post
What is the minimum information a payslip will mention?
Gross and net pay
Only net pay
Only gross pay
Tax deductions only
What is a "National Insurance (NI) number" used for?
To track overtime
For paying NI or receiving benefits
To calculate gross pay
To determine pension contributions
What is "Overtime" pay?
Pay for normal working hours
Pay for extra hours worked
Pay after deductions
Pay before tax
What are "Deductions" on a payslip?
Extra payments for overtime
Amounts added to gross pay
Amounts taken from gross pay
Bonuses for performance
What does "Net pay" refer to?
Total pay before deductions
Pay after deductions
Pay for extra hours
Pay including bonuses
What is the implication for students working with family regarding income tax?
They will earn more than £12,570
They will probably earn less than £12,570
They will not have to pay any taxes
They will receive a tax bonus
What is one of the workplace benefits mentioned that income tax is taken from?
Vacation pay
Sick pay
Retirement fund
Health insurance
What is a P45 form used for?
To apply for a new job
To inform your new employer about your tax code
To claim a tax refund
To register for a workplace pension
What happens if you start a job without a P45(they are unable to know which tax you are on)?
You will not be paid
You might be put on an emergency tax code
You will receive a bonus
You will be automatically enrolled in a pension
What resets to zero at the start of each tax year?
Tax code
Personal allowance
Pension contributions
Salary
What does an emergency tax code ensure?
You pay less tax
You are not out of pocket
You receive a tax refund
You are automatically enrolled in a pension
What is a Payslip?
What is minimum wage?
Match the countries flags to their name
Germany
Ireland
Pakistan
France
Turkey (Türkiye)
Match the consoles to their names.
PS5
Xbox Series X
Nintendo Switch
Gaming PC(computer)
what is not shown in the payslip based on the choices
Hours
Net Pay
Amount
the date
Match the name of the games to the image.
Marvel Rivals
Tekken
FC/Fifa/Football
Among Us
Spiderman 2
Match the popular UK shows to the name.
Peaky Blinders
Doctor Who
Bridgerton
The Great British Bake Off
Love Island
Draw the Pound sterling symbol (The British Pound Currency symbol)
What is the minimum wage for students (ages 16-17)
£6.40/hr
£200/hr
50p/hr
£1mil/hr
