Earning Money

7. time worked additionally to normal working hours
8. extra money paid to employees who produce high quality work, meet deadlines, etc.
11. gross income - deductions = _____
14. a 12 month period from 1st July to 30th June used for accounting and tax reporting
15. a fixed amount paid regardless of the commission

1. a percentage value of items sold or made, usually earned by salespeople
2. an individual's total earnings before tax is deducted, including interest from savings accounts, dividends, wage and more.
3. expenses incurred while earning taxable income or necessary towards a business or career e.g. a teacher purchases pencils for students
4. twice the base weekly rate paid during overtime, holidays or weekends.
5. extra payment of 17.5% paid on top of weekly pay during annual leave or holidays
6. 1.5 times the base weekly rate paid on overtime, holidays or weekends.
9. payment method based on amount of items made/completed
10. a fixed regular payment usually referred to as an annual fee, usually paid on a monthly basis.
12. the acronym for ‘pay as you go’ tax.
13. A fixed regular payment that is paid weekly or daily, and is calculated by the number of hours worked.