Hi, I'm expecting my first baby and I'm very confused about child benefit while on maternity leave.
I know that child benefit is reduced for those with an adjusted net income of over 50k, what happens if you usually earn 50k or over but for the year you take maternity leave you earn much less?
Would I still considered as earning over 50k even though my income will be much less this year as I'll be taking maternity leave? Hope that makes sense.
I'm the main earner and things will be very tight when I take maternity leave so wondering whether I will be considered as well below the threshold while on mat leave or whether I'd be entitled to reduced benefit even though I'm earning much less than 50k this year.
I know this is probably a stupid question but any advice is very welcome.