Tax on materenity pay?

gibboking

hi does any clever being out there know if I would be taxed on sat mat pay £112p/w?

Just trying to work out finances etc.
Thanks in advance.

blue_monkey_2

If you were previously on PAYE through your employer then chances areyes you will be. However, if you intend on not going back after the 6 months and having 6 months unpaid you would then be able to claim this back at the end of the tax year. I am not sure of how much but to give a rough idea, NI after £80 is 11% (so 11% of £42) and then you get a tax free weekly amount of around £100 so 22% of £12. As I say, these are very rough figures but you will get tax & NI on the amount you are being paid for MP.

deanos

You may not realise (i didnt !) that when claiming tax credits etc they dont cound the first £100 of maternity pay, so when filling out the forms knock off the £100, we have just been credited with a few quid because of this.,