We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
Please help me work out my maternity net pay


I have just received my maternity pay gross breakdown from my employer (NHS) but I've really confused myself with trying to work out the net.
I start maternity leave in 2 weeks.
I am mid point band 7, working full time.
I tried putting each monthly payment into an after tax calculator but I don't think that's accurate as it assumes that monthly income is consistent of an annual income which it obviously isn't, so for several months it has me paying no tax which can't be right because over the course of this tax year I've obviously still already earned enough to pay tax normally.
So then I tried just basing it off of what I currently pay; currently my net income is 31% less than my gross income after tax, NI and pension (no student loan) so I just deducted 31% from each payment but that made it considerably lower (obviously) and now I'm really confused about what to actually expect and don't feel any better informed than if I never had the gross breakdown.
Can anyone who understands it all help me please?
Comments
-
As you are on a cumulative code your previous pay and tax will need to be included in any calculation for it to be accurate.0 -
frenchbaguette said:
I have just received my maternity pay gross breakdown from my employer (NHS) but I've really confused myself with trying to work out the net.
frenchbaguette said:I tried putting each monthly payment into an after tax calculator but I don't think that's accurate as it assumes that monthly income is consistent of an annual income which it obviously isn't, so for several months it has me paying no tax which can't be right because over the course of this tax year I've obviously still already earned enough to pay tax normally.
frenchbaguette said:Can anyone who understands it all help me please?
In my experience, you get more to begin with because you get the tax refund ...
Signature removed for peace of mind0 -
Savvy_Sue said:frenchbaguette said:
Can anyone who understands it all help me please?
In my experience, you get more to begin with because you get the tax refund ...- From your September payslip (which you may not have yet, but just add another month's gross salary to August if you don't), note your total gross pay to date.
- From the breakdown of your maternity pay, note the total gross amount due to you by the end of March.
- Add those two together and put them into the annual calculator. This should give you a net pay for the year, call that N.
- Going back to your latest payslip, deduct your total net pay to date (NTD) from N, let's call that N>M (to March)
If I've missed anything crucial, someone will point it out.
SMP is 90% of your normal salary for 6 weeks, but I am guessing the NHS is more generous than that?
(I did say it was a black art. We pay slightly more than the statutory minimum, and the last set of calculations I had to do were fiddly, especially as there was a payrise to take into account. And at her request I based all my workings on my colleague's m/l starting on her due date, and then she went and had baby early, so I had to start again!)Signature removed for peace of mind0
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 349.8K Banking & Borrowing
- 252.6K Reduce Debt & Boost Income
- 453K Spending & Discounts
- 242.8K Work, Benefits & Business
- 619.6K Mortgages, Homes & Bills
- 176.4K Life & Family
- 255.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 15.1K Coronavirus Support Boards