Unit Award Scheme

115868 UNDERSTANDING TAX, NATIONAL INSURANCE AND PENSIONS

In successfully completing this unit, the Learner will have		Evidence needed
shown knowledge of
1	what income is	Summary sheet
2	what gross pay is	Summary sheet
3	what net pay is	Summary sheet
4	what income tax is	Summary sheet
5	what National Insurance contributions are	Summary sheet
demonstrated the ability to
6	differentiate between gross and net pay	Summary sheet
7	identify the key deductions taken from wages	Summary sheet
shown knowledge of
8	what the 'total deductions' taken from wages are	Summary sheet
9	what pensions are	Summary sheet
10	the state pension age.	Summary sheet

All outcomes recorded on an AQA Summary Sheet

Approved 12 September 2021Level - Entry Level