📨 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!

MSE Pregnancy Club 24

1138713881390139213931445

Comments

  • MrsExcited
    MrsExcited Posts: 277 Forumite
    One more question - the SMP of £135/week - is this gross or net?

    good question. And whoever has the answer please clarify the difference between gross and net as I alway get them mixed up. :o
  • savageHK
    savageHK Posts: 1,253 Forumite
    Looks like it: from HMRC:
    Statutory Maternity Pay: an overview

    If your employee is expecting a baby, she may be entitled to Statutory Maternity Pay (SMP). This replaces her normal earnings to help her take time off around the time of the birth. She also has a statutory right to a minimum amount of maternity leave.
    Whether you have to pay SMP to an expectant employee depends on how long they've worked for you and how much they earn. They'll have to provide you with evidence of when the baby's due and give you notice of when they want you to start paying their SMP.
    Payments of SMP count as earnings. You must deduct tax and National Insurance contributions (NICs) from them in the usual way.
    You'll normally be able to recover some or all of the SMP you pay.
  • moneypuddle
    moneypuddle Posts: 936 Forumite
    MrsExcited wrote: »
    good question. And whoever has the answer please clarify the difference between gross and net as I alway get them mixed up. :o

    Gross = before tax
    Net = after tax

    But I still dont know which of the two it is ;)
  • savageHK
    savageHK Posts: 1,253 Forumite
    ... and
    Is SMP subject to tax and NICs (National Insurance contributions)?

    Yes. SMP is regarded as earnings for PAYE (Pay As You Earn) and NICs. But it may be that the earnings will not be high enough to attract payment of NICs and may also produce a tax rebate.
  • moneypuddle
    moneypuddle Posts: 936 Forumite
    Also for the first 6 weeks, where you get 90% of your normal income, does this include any bonus you might normally get, or would it just be based on your basic salary?
  • ikkle87
    ikkle87 Posts: 8,449 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Gross = before tax
    Net = after tax

    But I still dont know which of the two it is ;)

    Its before tax hun. You get the £135 a week but can still be taxed on it.
    You never know how strong you are until being strong is the only choice you have.

    xx Mama to a gorgeous Cranio Baby xx
  • savageHK
    savageHK Posts: 1,253 Forumite
    I think it's based on your actual weekly/monthly earnings just before you go off on leave, so it depends how your bonus is paid?
  • ikkle87
    ikkle87 Posts: 8,449 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Also for the first 6 weeks, where you get 90% of your normal income, does this include any bonus you might normally get, or would it just be based on your basic salary?

    From what I've read and been told by HR etc it will be based on your wage for the week including 22nd June. Any annual bonus should be paid on top of your maternity pay.
    You never know how strong you are until being strong is the only choice you have.

    xx Mama to a gorgeous Cranio Baby xx
  • MrsExcited
    MrsExcited Posts: 277 Forumite
    hey guys,
    had my 36 week appt today. I am measuring 34.5cm. The midwife said that this is perfectly fine and normal.

    She did say that baby is head down but is very naughty and is back to back.

    She advised me to go on all fours for 10 mins, 4 times a day. I just need to let my bump hang. This will hopefully encourage baby to move front to back.

    She also said I should not slouch on the sofa but lean forward as much as possible and keep my knees lower than my hips.

    Apart from that all is good so I am very grateful.

    My replacement started at work today!! So now I have til Wednesday to train her up. She seems pretty good but was extremely daunted. I didn't realise how much I actually do at work - I'm actually quite clever! LOL!!
  • MrsExcited
    MrsExcited Posts: 277 Forumite
    aaargh !! I'm really confused now. I don't know how much I'll be getting when I go onto SMP. how do i find out!?

    I thought it was £120 a week?!
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.3K Work, Benefits & Business
  • 599.4K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.