Here's what you should know about net pay, what it is, how to calculate it and the difference between gross pay vs. net pay.

your net income is the amount of money you receive in your paycheck after taxes and other withholdings are taken out. This number is lower than your gross income and represents the amount you can ...

Gross income is your total earnings before any ... these are added together to give the ‘Total Deductions’. The Net Pay is the amount an employee actually ‘takes home’.