Distinguish between Payroll Taxes and Mandated BenefitsSolut

Distinguish between Payroll Taxes and Mandated Benefits

Solution

Payroll taxes are the taxes on the employees or the employers which will be charged on their salaries whereas the mandated benefits are the subsidies that are much needed for the betterment of society such as health benefits. The mandated benefits are to be provided by the government at union level or at lower levels.