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Statutory Maternity Pay question

(4 Posts)
Sorelip Wed 27-Jul-11 15:42:25

According to Direct.gov, tax and NI are deducted from SMP, but does anyone know what the net payment amount is, rather than the gross £128 a week? I'm trying to sort out a budget, but really need to know what I'll actually be left with.

mranchovy Wed 27-Jul-11 16:00:28

Depends on your tax code and how much you have earned for the year to date, but most people on a 'normal' tax code of 747L should actually get a tax refund of £3 each week. NI is zero at £128.73 a week except in very limited circumstances (for instance if you are a director).

baabaapinksheep Wed 27-Jul-11 16:00:35

Probably around £100 I would imagine, maybe a bit less.

baabaapinksheep Wed 27-Jul-11 16:02:33

Ignore me then, obviously I have no idea.

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