Are Payroll Expenses Gross Or Net? [Solved]

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Are Payroll Expenses Gross Or Net? [Solved]

A company’s net payroll for a period is its gross payroll minus deductions for Social Security, income tax and any other required withholding such as insurance premiums and 401k contributions. A company’s gross payroll for a period is always higher than its net payroll.

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Net vs. Gross (Income, Pay/Salary, etc.) in One Minute: Definition/Difference, Explanation, Examples

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Gross Pay Vs Net Pay: What’s The Difference? | Salary Negotiation Tips

Gross Pay