Maternity pay

[robynclen]

Can anyone tell me what the stat maternity pay is each month? I get paid monthly not weekly on a salary. So will it be based on a 4 week or 5 week month now or does it average out over the 9 months?

Trying to figure out my finances.

Also do i still get charged for my pension, NI and student loan? 😁

Statutory Maternity Pay (SMP) is paid for up to 39 weeks. You get:

90% of your average weekly earnings (before tax) for the first 6 weeks
£148.68 or 90% of your average weekly earnings (whichever is lower) for the next 33 weeks
SMP is paid in the same way as your wages (for example monthly or weekly). Tax and National Insurance will be deducted.

That’s from the government website

The pay will change depending on if it is a short or long month. I hope that helps.

You'll still pay NI, pension, student loan and tax for as long as you're above the thresholds for them.

I undertand the weekly amount. Im trying to figure out if it is averages over the 9 month period and paid in an equal amount or by a 4 week month or 5 week.

I should be under the thresholds as it is close to the start of the tax year, but not sure if this applies to student loan and NI.

Student loan and NI is based on the payment period, it's not cumulative like income tax. If all you receive is statutory maternity pay, after the first six weeks you won't pay NI/student loan on the income.

To work out what you might get monthly I recommend you use the Gov calculator. I've used it and it's extremely helpful as it works out the figures based on your monthly pay dates.

Mine varies based on whether it's a 4 or 5 week month and is paid monthly. My payroll dept have given me a breakdown of what to expect over the year.

Some pay packets will be 4 weeks, others 5. I think it is based on which calendar month the Monday falls in.

Each month was different for me some months I got 4 weeks pay, some months 5 weeks. Depending on how many weeks landed in that month. My employers were great and gave me a spreadsheet of what I would get paid each month before tax/pension etc. So I could plan. My student loan and tax stopped as I was under the threshold. I did still pay pension as it's automatically 5.5% of my wage. So it was a smaller amount obviously.

You need to check with your employers payroll department.

We have the choice whether to pay SMP in weeks or days. It won't be the full amount divided up into 9 equal monthly amounts but will be 4/5 weeks depending on how it falls or 20-23 days again depending on working days in the month.

Nobody on here can tell you which option your own employer uses :)

Us payrollers are nice people I promise :) and we are always being asked how maternity pay will be paid by employees :)

Mine averaged between £6-700 something a month.

I didn't get charged for any of those things because I was under the threshold.

I think PP's have mostly answered your questions but in regards the pension, my employer gave me the option to suspend my pension contributions (and theirs) whilst on Mat Leave. I didn't but if you are keen to keep as much income as possible that may be worth checking.