Quiz: Prove you know what it all means on your payslip

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Tax cartoonImage source, Thinkstock

School-leavers are being told to get their head around their finances before they start earning.

It's after the Money Advice Service suggested a third of 16 and 17 year-olds had never put money in a bank account.

The same number didn't know what would happen if council tax was unpaid and two-thirds could not read a payslip, the survey of 5,000 young people found.

Test yourself here...

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