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Compulsory deductions are taken from your check whether you agree or not, such as happens with taxes. Voluntary deductions are those you ask for, such as money to be deducted and placed into your retirement savings account.
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What are the Differences between deductions and contributions?
A deduction is a minimum that must be met. A contribution is a voluntary thing that is given from a person.
What is the difference between tax and debt?
1) Compulsion : In Taxation , Taxes are compulsory payment whether they are direct and indirect. While in debt , Public debt are voluntary and not compulsory with the exception of when they are increased during crisis like war. 2) Limits : In Taxation , Taxes cannot be increased beyond maximum taxable ability of the people. While in debt , there are no such limits in public debt.
What is voluntary exchange?
A voluntary exchange is when someone gives another something of value willingly. When you purchase items from the store it is considered a voluntary exchange.
Stabilization securities are?
compulsory when issued
Is net pay the amount you earn before deductions are subtracted?
No that's GROSS PAY Net pay is what you have after ALL deductions have been calculated and subtracted
What is the difference between compulsory registration and amp voluntary registration?
Compulsory - something you have to do Voluntary - something you can choose to do or to ignore. Breathing is compulsory if you want to stay alive. Eating donuts is voluntary.
What is the antonym of compulsory?
The antonym of compulsory is optional or voluntary.
What is a compulsory deductions?
they are national insurance and income tax.
What is the Opposite of compulsory?
The opposite of compulsory (compelled) would be voluntary or optional.
What are the types of legal compliance?
Voluntary and compulsory.
What do you mean by compulsory winding up of a company?
What do you understand by "compulsory" and "voluntary" winding up of a company
What forced the people of Jamestown into compulsory communism?
Do you mean they had no money and no means of coercion?
What is the opposite of voluntary?
The opposite of voluntary would be involuntary (not by choice). If it is by outside force or regulation, the opposite would be compulsory, forced, required, or obligatory.
Are state workers' compensation laws compulsory?
I don't really understand this question. Are laws compulsory? Laws are laws and are certain not voluntary as to whether you obey them or not.
Is military service compulsory in Austria?
Service in the Swiss military is compulsory for all male Swiss citizens aged 19 and it is voluntary for females. The duration of the compulsory service is 18 to 21 weeks.
Was membership of the Hitler youth movement voluntary or compulsory?
It was voluntary in idea but trust me most of the kids felt compelled after being brain washed in school and elsewhere.
What are the Differences between deductions and contributions?
A deduction is a minimum that must be met. A contribution is a voluntary thing that is given from a person.
