I'm expecting a baby at Christmas and wanted some clarification on maternity allowance.
I'm self employed (for only one year at present) my first year of trading involved a lot of set up costs and I haven't made a profit. I haven't submitted my tax return yet, it's with my accountant.
I will have paid class 2 NICs even though my profit was below the threshold.
My profit will be considerably more this year without the start up costs. Around £12-15k depending on how the rest of the year goes.
Obviously there will be a period of time after the birth I won't be able to work and I was hoping to claim maternity allowance to make things easier during that time.
I went onto gov.com and it says I needed to have earned £390 per week or more for at least 13 weeks during the 66 weeks preceding the birth. (£5070) I will have earned double that during these weeks in total but I don't think I will have ever hit £390 in one week! I don't understand.
Can anyone advise?