I'm trying to find out roughly what our maternity and paternity pay will be after tax etc does such a tool exist?
I know there are calculators that will tell me the paternity pay is £139.58 per week for 2 weeks but what will the monthly pay (including the normal salary) be after tax for the month the paternity leave is taken?
Does the maternity / paternity pay get taxed at the same rate as normal pay would be? (about 40k)