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ASSIGNMENTS
gcse economics - tools of the trade: taxes and disposable income
18.08.2008
DISPOSABLE INCOME
The amount of money an individual earns after taking away tax and national insurance payments.
HOW IS IT AFFECTED BY TAX?
SCENARIO 1 TAXES ARE HIGH
PAYSLIP OF JIMMY SHIN
GROSS PAY £500
LESS
INCOME TAX 20% £100...
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Added by: LadyAngelPL
Category: Revision note
Course: Economics and Business
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