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What am I entitled if I choose to look after my baby?

I am debating whether to go back to work as nursery is about £1300 in greater London and after paying transport fees, it will not be worthy as will be left with only a couple of hundred pounds. I am thinking of taking unpaid leave for another 6 months and I wonder whether anybody is in my situation, can I top up my pensions and N.I whilst on unpaid leave? Baby will be 1 yr old when I go back. I wanted to work 2 days but my employer will only allow me to do 4 days. I work for a University in London. Also I am wondering whether I am entitled to any family tax credits as my husband income is only 25k? Thanks

Comments

  • princessdon
    princessdon Posts: 6,902 Forumite
    The joint income for 1 child is 26,000 for tax credits, so with hubby's wage and any of yours added April to April (less £3900 maternity) is over that you will not get tax credits until next April. Even then on 25k it won't be much.

    You get £20 pw child benefit and whilst you claim that you get NI credits for your pension until age 12.

    If you return to work over 16 hours per week (so 2 days could be under this and not be eligible ) you will get help with childcare (the calculators will tell you how much)
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