Define light-year: a unit of length in astronomy equal to the distance that light travels in one year in a vacuum or aboutâ¦ â light-year in a sentence a unit of length in astronomy equal to the distance that light travels in one year in a vacuum or about 5.88 trillion miles (9.46 trillionâ¦
Mass Payment Processing. The biggest difference between Business and Premier accounts on PayPal is the payment system. With a Business account, you can send mass payments to large groups of people at once; the Premier account requires that you handle payments individually. Mass payments might be used to pay affiliates, pay employees or transfer rebates.
The difference between personal and employer contributions. Personal pension contributions. When a salary is paid to a basic rate taxpayer, it is subject to income tax (20%) and National Insurance (NI) (12%). This means for every Â£1,000 of salary, a total of Â£320 is deducted, leaving Â£680 after all tax has been paid.