Mat Pay Calculator

Budget 2020 21 update this calculator has now been updated with tax changes set out in the october 2020 budget.

Mat pay calculator.

The maternity pay calculator shows your monthly take home pay while on maternity leave. It can work out statutory maternity pay smp enhanced maternity pay or maternity allowance and provides a monthly net pay amount after deducting your tax national insurance pension contributions and student loan. Statutory maternity pay rates. You can even elect to spread this over the 12 month leave period.

Latest start date of employment. As per section 115jb every taxpayer being a company is liable to pay mat if the income tax including surcharge and cess payable on the total income computed as per the provisions of the income tax act in respect of any year is less than 18 50 of its book profit surcharge sc health education cess. If your family income is 25 921 or less. Your annual net family income is 25 921 or less.

Enter estimated date of birth. We then multiply the result by 55 for maternity and standard parental benefits or by 33 for extended parental benefits. Use our smp dates calculator to clarify your statutory maternity pay entitlements. Calculate an employee s maternity pay smp paternity or adoption pay relevant period and average weekly earnings maternity adoption and paternity calculator for employers gov uk skip to.

Use this calculator to quickly find out how much tax you will need to pay on your income. Earliest maternity pay period. Maternity pay calculation period. Statutory maternity pay smp is paid for up to 39 weeks.

Use our nhs maternity pay calculator to see your monthly take home pay while on maternity leave. It works out your statutory maternity pay smp and nhs occupational maternity pay and provides a monthly net pay amount after deducting your tax pension contributions and student loan. Start of qualifying week. 90 of your average weekly earnings before tax for the first 6 weeks.

For the first six weeks 90 of an employee s average weekly earnings. Statutory maternity pay is paid for the first 6 weeks at 90 of average weekly earnings followed by a further 33 weeks at the lesser of 90 of average weekly earnings or the applicable statutory rate which varies each year. Date current employment commenced. 151 20 or 90 of your average weekly earnings.

You just need your due date and salary to see. You may be eligible to receive the family supplement if. This calculator is always up to date and conforms to official australian tax office rates and formulas. Statutory maternity pay dates calculator.