We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
warning for anyone 3-4 months pregnant and getting childcare vouchers
AnnaV
Posts: 531 Forumite
I'm 6 months pregnant and just discovered that the calculation for my maternity pay is made on the months of Oct - Dec 2010. As I was getting childcare vouchers during those months, the sum HMRC uses to calculate the first part (6 weeks at 90% of your gross pay) is MINUS the childcare vouchers!
I will lose about £350 because of this.
If you employer offers more weeks at 90% then you could lose a lot more...
(Apparently there may be a requirement for your employer to carry on paying your childcare vouchers while you are on maternity leave in which case it may be worth staying on the scheme - but please do check if it is worth you staying in the scheme)
I will lose about £350 because of this.
If you employer offers more weeks at 90% then you could lose a lot more...
(Apparently there may be a requirement for your employer to carry on paying your childcare vouchers while you are on maternity leave in which case it may be worth staying on the scheme - but please do check if it is worth you staying in the scheme)
Anna :beer:
0
Comments
-
Keep on the vouchers, because your employer *has* to pay for your vouchers while you're on SMP.0
-
but dont they then deduct the vouchers from your mat pay? So rather then for a month I get say £400 SMP I would get £157 plus £243 in vouchers?The will to save every money saving penny we can0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.6K Banking & Borrowing
- 254.5K Reduce Debt & Boost Income
- 455.5K Spending & Discounts
- 247.5K Work, Benefits & Business
- 604.3K Mortgages, Homes & Bills
- 178.6K Life & Family
- 261.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.7K Read-Only Boards