Hi I was wondering if anyone knows what happens with Child tax credits while you are on Maternity leave
Do you get more tax credit money while you are not getting your full wages/ only getting stat maternity pay and/or no money from the employer and government in the last 3 months of mat leave ( when you take a year) .....
..Or do they just base it on what your join salaries would be as if the mother were still at work?
sorry I hope that makes sense!
We are expecting our first baby and I am just trying to work out how much money we will have per month for our budget. I am the main earner, my husband earns a low wage.
I think they ask how many weeks you are on stat mat pay for and then work out the joint income based on the amount iyswim. You might get more as the 'incime' will be less for a while. I'm no expert though. When I first applied they asked my salary then asked how many weeks of the year i'd been on smp and worked it out from there so I can't see it having changed from then?
Sorry can't be more help, sure someone will be along with better advice soon.