Untitled Bingo

Untitled Bingo Card
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This bingo card has 41 words: Free!, negative pay, pay that is the same every payday, positive pay, pay that involves a payroll administrator entering details of hours worked etc., gross pay, total amount payable before any deductions are made, net pay, amount paid to an individual after all deductions have been taken off, national insurance, an amount paid to HMRC by employees and employers to fund state benefits, personal allowance, For 2019/20 this amount is £12,500, income tax, an amount deducted from income and paid to HMRC, statutory deductions, deductions from gross pay that are calculated according to legislation, contractual deductions, deductions from gross pay agreed between the employee and employer e.g. pension, voluntary deductions, deductions from gross pay authorised by the employee, accuracy and timeliness, all payroll staff must operate with upmost consideration of these factors, confidentiality, non-disclosure of information unless instructed to do so by HMRC or legally, fraud, the potential for fake payments to be made, P45, the form given to all employees when they leave a job, P60, a summery of all pay and deductions made each tax year, starter checklist, the document that must be completed if an employee does not have a P45, free pay, the amount that can be earned before tax is deducted from gross pay, statement A, the statement ticked if someone has not had a job in that tax year, statement B, the statement ticked if someone has had another job within that tax year, statement C and the statement ticked if someone is taking on a second job.

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Getting Paid | Getting Paid Notes Bingo | Financial Literacy | Financial Literacy Vocab Practice :) | NATIONAL PAYROLL WEEK BINGO!

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