Home > Terms > English, UK (UE) > Take-home pay
Take-home pay
In the context of a federal tax levy, the amount of an employee’s wages that remains after all normal deductions in effect at the time of the levy have been subtracted.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Accounting
- Category: Payroll
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- Acronym-Abbreviation:
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