Hi
I am currently on maternity leave with my second child born March this year. I am trying to work out what kind of tax credits I will get if I stay off until Dec when my SMP will stop and go back reducing my hours from 31 per week to 20-21. Or if I stay off until mid march when my max mat leave ends.
All the calculators seem to be based on my hours before leave starts so I dont know how this reduction in hours will affect me. I can work out what my earnings will be in both these options but if I give HMRC these figures will I be overpaid?
My husband works 8 hours a week.
If anyone could help it would be greatly appreciated as I need to plan finances and discuss with my work what I would like to do.
I am currently on maternity leave with my second child born March this year. I am trying to work out what kind of tax credits I will get if I stay off until Dec when my SMP will stop and go back reducing my hours from 31 per week to 20-21. Or if I stay off until mid march when my max mat leave ends.
All the calculators seem to be based on my hours before leave starts so I dont know how this reduction in hours will affect me. I can work out what my earnings will be in both these options but if I give HMRC these figures will I be overpaid?
My husband works 8 hours a week.
If anyone could help it would be greatly appreciated as I need to plan finances and discuss with my work what I would like to do.