Intermediate
60 mins
Teacher/Student led
+70 XP
Teacher-led from the board — pupils need no device

Reading a Payslip (1)

Learn to read an Irish payslip by identifying gross pay, deductions such as PAYE, PRSI, USC and pension, and net pay. You will also understand year-to-date figures and complete an annotated payslip analysis for your portfolio.

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    Payslip explorer
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    1 - Getting Started ~5 mins

    Your bank app shows one number. Your payslip shows why that number is what it is. Gross pay is the full amount you earned; PAYE, PRSI, USC and any pension come off it; net pay is what is left. Today you read a real Irish payslip line by line, name every figure, and check that gross minus deductions really does equal net. That annotated slip goes straight into your Maths Portfolio as MA4 Collecting evidence.

    2 - What You'll Learn ~8 mins

    Four words do most of the work on an Irish payslip. Gross is what you earned. Deductions are what came off (PAYE, PRSI, USC, pension). Net is what is left. Year-to-date is the running total since 6 April. Look at the snapshot below: a full-time retail assistant, monthly pay, four deduction lines, and a net footer. Notice that every deduction has its own row and its own explanation — that is the map you will build yourself later.

    ConceptWhy it mattersExample
    Gross pay — total earned before deductionsEvery other figure on the slip is measured against it; if gross is wrong, everything below it is wrong160 hours × €14.50 = €2,320 gross on a retail contract
    Deductions — PAYE, PRSI, USC, pension taken from grossYou cannot check a payslip if you cannot name what each line is forPAYE income tax, PRSI Class A, USC tiers, workplace pension at source
    Net pay — gross minus total deductionsThis is the figure that should match your bank credit; the arithmetic is the check€2,400€434 = €1,966 take-home
    Year-to-date — running totals from 6 AprilSpots a sudden jump in tax or a missing pension contribution across monthsFive months at roughly €2,400 gross → YTD gross near €12,000

    3 - Try It Yourself ~17 mins

    Work the payslip on the board with the class. The figures are already on the static slip: gross €2,400; PAYE €180; USC €62; PRSI €96; pension €96. You will name each line, add the deductions, subtract from gross to get net, and check what share of gross is left as take-home. Predict each answer before you confirm it.

    Read the retail payslip

    4 - Explore the Payslip ~15 mins

    Open the payslip explorer on the board. Click each deduction row and read the plain-language explanation. Watch the stacked bar that shows where the money goes. Then drag the gross-pay slider up and down and notice how every deduction scales with gross — the structure stays the same even when the euro amounts change. In pairs, agree on one sentence for each line: what it is, and why it is there.

    Explore a monthly retail payslip

    5 - Record Your Annotated Payslip ~10 mins

    Your Maths Portfolio needs a payslip with every line labelled in your own words. Use the SuperValu Limerick figures from this lesson (or a redacted slip your teacher provides). For each line, write what the figure is and what it means. Then check net by subtracting total deductions from gross, and finish with one sentence on what the year-to-date block is for.

    Instructions: Fill every explain prompt. Show the net-check working, not just the answer. This page is MA4 KA1 Collecting evidence — file it in your portfolio before you leave.

    Work each row in order onto a fresh page in your Maths Portfolio. Show the working, not just the answer.

    Write these down the page, leaving room under each for your answer:

    1. SuperValu Limerick, May 2026 monthly payslip (or a redacted slip supplied by your teacher).
    2. Gross pay — €2,400: What is gross pay, and how would you explain it to someone who has never seen a payslip?
    3. PAYE — €180: What does PAYE stand for, who collects it, and who does it go to?
    4. USC — €62: What is USC, and how is it different from PAYE?
    5. PRSI Class A1 — €96: What does PRSI fund, and why does the class letter matter on an employee slip?
    6. Pension — €96: Is a pension a tax or a choice? What does taking it at source do to net pay?
    7. Net pay — (calculate): In one sentence, what is net pay and where should this figure show up outside the payslip?
    8. Year-to-date block: What period does YTD cover in Ireland, and name one thing you could check using YTD totals.
    9. Show the working: total deductions = PAYE + USC + PRSI + pension. Then net = gross − total deductions. Write both answers with the euro sign.
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