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Help calculating Pension deductions on maternity pay
LW7
Posts: 79 Forumite
Evening all,
Looking for some help if possible.
My other half begins her maternity leave 28th Nov 21, until 28th Nov 22. She has been sent a spreadsheet by her employer that details her gross monthly payments based on the maternity package offered.
This is, 6 weeks 100% Pay, 12 weeks 90% pay and 33 weeks at SPP.
We're having some trouble trying to calculate what the "take home" pay would be after her pension deduction. This is along side Tax & NI and a share save scheme.
Is it appropriate for me to disclose the full details here for assistance, or is there a method/calculation we can apply?
Reason we are struggling is
- She is in receipt of a monthly car allowance payment that sits separately to her salary, which obviously goes towards her tax free allowance.
- She will be in receipt of differing monthly amounts after the first 6 weeks, then the subsequent 12 weeks, and then then the 33 weeks (not including 3 months unpaid) at the end).
Thanks in advance.
Looking for some help if possible.
My other half begins her maternity leave 28th Nov 21, until 28th Nov 22. She has been sent a spreadsheet by her employer that details her gross monthly payments based on the maternity package offered.
This is, 6 weeks 100% Pay, 12 weeks 90% pay and 33 weeks at SPP.
We're having some trouble trying to calculate what the "take home" pay would be after her pension deduction. This is along side Tax & NI and a share save scheme.
Is it appropriate for me to disclose the full details here for assistance, or is there a method/calculation we can apply?
Reason we are struggling is
- She is in receipt of a monthly car allowance payment that sits separately to her salary, which obviously goes towards her tax free allowance.
- She will be in receipt of differing monthly amounts after the first 6 weeks, then the subsequent 12 weeks, and then then the 33 weeks (not including 3 months unpaid) at the end).
Thanks in advance.
Debt Free since 2020 thanks to MSEf.
0
Comments
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Try https://maternity.money/maternity-pay-calculator or https://www.thesalarycalculator.co.uk/sickpay.php (you may need to enter different 'annual salaries' to reflect the varying levels of actual pay she'll be receiving).Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!0
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Thank you that's a great site.
Using that site, I can calculate the take home pay based on her salary with Tax, NI & Pension contributions,
She is not a higher band tax payer.
With that in mind, as she then gets a car allowance, how can I work this out together? As there the tax & NI will be paid on that, which then comes off the allowance which is then applied to the salary.Debt Free since 2020 thanks to MSEf.0 -
If you scroll down on The Salary Calculator, there's space for you to enter taxable benefits, which I think will do the trick for you:LW7 said:Thank you that's a great site.
Using that site, I can calculate the take home pay based on her salary with Tax, NI & Pension contributions,
She is not a higher band tax payer.
With that in mind, as she then gets a car allowance, how can I work this out together? As there the tax & NI will be paid on that, which then comes off the allowance which is then applied to the salary.
Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!0
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