Anyone else BETTER off on Maternity Leave??

[purpleisa]

Hi all

Just been doing some sums!! It would appear that during my Maternity Leave I will get 6 weeks @ 90% of my pay and then Statutory Maternity Pay @ £124.88 per week. I work part time and pay a childminder to look after DD for 3 days. So I get paid around £30 per week less - however as I will be off I won't be paying childminder £81 per week - therefore should be £50 better off (and thats not including the cost of my travel to work!) - is this right or is there something I have not thought of ... like Tax Credits (I only get £10 per week at the mo) going down or something??

BTW in case u were wondering - yes I know I will have two to be cared for once I go back but luckily I don't go back until DD starts school next August - that's why I waited )

Also know that if I am £50 a week better off I will have no trouble spending that on bubba. Lol

 

[sexyamy2005]

sounds about right hun,

would u b able to claim any more working tax / child tax credits cos u have 2??

xxx

 

[Sam's Mum]

I was at first when I left work before I had Sam because I wasn't paying hundreds of pounds a month to commute to London. Now I'm not even getting maternity pay I'd be something like £28 a month better off if I was still doing my own job after train fares and childcare so I'm far better off running my own business and working far less than I was before

 

[mdsremos]

I think you should get the new baby element of child tax credits for the first 12 months so you should be even more better off.

 

[phinners]

I'm certainly not better off, I'm going from a 42k salary to SMP very soon

 

[Lacey's Mummy]

I'm better off as i only work part time because of lacey anyway so only earn around £120 a week anyway!!

 

[purpleisa]

Thanks everyone

So it would seem those part-time or low income could be better off if they stop paying childcare for a previous child while off work. The rest will be worse.

Phinners - oouch! It will be sooo worth it when u meet your bubba though x

Just another thought on Tax Credits - although payment will go up because claiming baby element for second child I could be entitled to less for first as not paying childcare... Will look into this although it may balance itself out and since I only get about an tenner a week just now seems pretty irrelevant and god knows what Bleeding Ant and Dec (what I call Cameron and Clegg!) are going to do this system next!! ))

 

[jojo1983]

I was at first when I left work before I had Sam because I wasn't paying hundreds of pounds a month to commute to London. Now I'm not even getting maternity pay I'd be something like £28 a month better off if I was still doing my own job after train fares and childcare so I'm far better off running my own business and working far less than I was before

What's your business?
Jo xx