What is the difference between gross and net?
Income from business
The net income is the income that remains after the income tax has been paid. In other words, what you end up with. We can only know what the amount will be after we have prepared the annual reports and made your income tax declarations. Do you want to know how this is calculated?
Salary
Gross wage is the total amount that is spent on your wage. In addition to what you get paid, you 'cost' even more. For example, your employer withholds tax on this. It also pays premiums for (social) insurance policies, such as for unemployment, illness and disability. From the age of 18 onwards, she also deducts the income-related health insurance contribution from your wage. Gross pay is therefore actually your net pay plus all taxes and premiums.
Net wage is therefore the amount that remains after all taxes and other costs have been paid. It is therefore the amount that you get paid into your bank account. Your employer has already withheld tax on this amount.