Understanding Payslips & Taxes Guide

Understanding Payslips & Taxes: A Teen’s First Job Guide

What’s this resource about?
This guide explains payslips in a clear, no-jargon way. From “gross vs net pay” to what National Insurance is, it shows you exactly why money seems to disappear from your wages.

Why is it useful?

  • Perfect if you’ve just started a weekend job, summer role, or apprenticeship.
  • Helps you budget with the money you actually take home (net pay).
  • Explains tax, NI, and even future deductions like student loans in simple terms.
  • Includes worked examples and activities, with answers included, so you can check your understanding.

If you want to feel confident about your first paycheck and in control of your earnings, this is the guide for you.

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