Maternity, paternity and adoption leave and your pension. The BMA recommends this should include all salaried GPs. Because this is about the amount of your pay above certain thresholds, the amount you get paid changes the size of the effect. Croner Group Limited is authorised and regulated by the Financial Conduct Authority for the sale of non-investment insurance contracts. Where women work for more than one employer, they can exercise their maternity rights separately in relation to each. However, many NHS trusts offer the option to “spread” this pay evenly over the 52 weeks maternity leave. Use our NHS Maternity Pay Calculator to see your monthly take home pay while on maternity leave. I saved nearly £3000 towards childcare over maternity leave. If you are pregnant or on maternity leave and are self employed or have a self employed partner, you might qualify for self employment income support... So let’s look at an example for a Made Up Mum: Because we are going to be looking at net pay it is important to look at pay across the whole tax year (April to April). NHS trusts can create their own maternity leave arrangements for doctors not employed under national agreements. Use this quick and simple calculator to work out your employees’ maternity entitlement. Speak to an expert. To be eligible for NHS maternity pay, you must have 1 year of continuous employment with the NHS (not necessarily the same trust), without a break of more than 3 months, by the time of 11 weeks before your expected week of childbirth. So, the total gross maternity pay is equal, what about take home pay? You may disable these by changing your browser setting, but this may affect our websites functionality and your user experience. We use necessary cookies to make our website operate. Well, you'll be pleased to hear, there's a lot you can do to improve it... If you are employed by the NHS, section 15.22/15.23 of the NHS handbook covers the calculation of maternity pay… tax and student loan repayments) may be lower. Read more, Find out how spreading your Maternity Pay evenly over your leave will reduce the tax you pay and make it easier for you to budget.... The graph below shows that spreading maternity pay always (for Made Up Mum) results in more take home pay, but the size of that difference varies considerably with how much you get paid, and whether you have a student loan. Clever Tip 1: The more you earn between the 16th and 24th week before your due date the more maternity pay you get. The length of ordinary maternity leave is 26 weeks. View the latest press releases from our England, Northern Ireland, Scotland and Wales media teams. Registered Office: Croner House, Wheatfield Way, Hinckley, Leicestershire, England, LE10 1YG. One small note of caution: any financial upside of spreading your maternity pay will almost certainly be cancelled out if you end your maternity leave early. If you think there is a chance that you will want to go back to work sooner than the period you have spread your pay over, you should probably not spread your pay. Read more, NHS maternity pay comprises 8 weeks' full pay, 18 weeks' half pay plus Statutory Maternity Pay, 13 weeks' Statutory Maternity Pay followed by 13 weeks of unpaid leave. The idea is you total up the gross pay you would receive, and then divide it equally over 12 months. If you can work overtime, or more shifts in these 8 weeks then you effectively get paid TRIPLE for it! Home / Resources / Calculators / Maternity Pay Calculator. Your NHS maternity pay is calculated on the basis of your average weekly earnings for the 8 weeks ending with the qualifying week, which is the 15th week before your expected week of childbirth. Earnings that will be taken into consideration include regular contractual payments such as London weighting and banding supplements for junior hospital doctors. I did salary sacrifice for childcare vouchers when my maternity pay was calculated and this meant that for a small decrease in my NHS maternity pay I got paid £243 per month extra in the form of CCV for the full 12 months of my maternity leave for no extra cost, even for the 6 months of smp and no pay.
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