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Net income and Gross income

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sair5412 | 22:52 Mon 08th Jan 2007 | Business & Finance
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Which is which?

Also, if someone earns �340 a week after tax, what is that per annum BEFORE tax?

Thank you.
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Gross is before deductions net is after deductions ie take home. Depends on allowances etc but 340 take home is very roughly 580 gross per week. This is just calculating my head so please pedants don't jump up and down.
sorry I was miles out, just used my PAYE spread sheet and the gross amount is �452
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Thanks for your help loosehead. Much appreciated.

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Net income and Gross income

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