SMP - actual take home amount?

golcarlilly · Apr 7th, 2009, 04:59 AM

Hi ladies, sorry I am gatecrashing from second tri with a quick question!

I am entitled to SMP at the standard rate (£123.06) but have just found out that we get tax and NI deductions on it and just need to know how much I will actually get as take home pay? I am panicking now as I hadn't realised there would be deductions and I am going to be more skint than I thought

Can anyone help please?

TIA xxx

golcarlilly · Apr 7th, 2009, 05:27 AM

*** bump!***

NatalieW · Apr 7th, 2009, 05:45 AM

Monthly £533.26
Tax paid £6.00
NI £8.84

Net wage £518.42

That doesn't include a pension

golcarlilly · Apr 7th, 2009, 05:47 AM

Thanks Nat, I was beginning to think no-one was going to answer!! Is this just calculated on 52 weeks at SMP rate divided by 12 though?

Help please ladies! - surely most of you ladies on here get SMP? I just want to know an ACTUAL figure from someone who has already received it so I know it is correct I am panicking so much that I am not going to be able to afford to stay off work for long!

**polo_princess** · Apr 7th, 2009, 05:51 AM

Yeah £518 sounds about right chick

golcarlilly · Apr 7th, 2009, 05:55 AM

Cool, that is more than I thought, not less

Thanks Poloprincess

Sovereign · Apr 7th, 2009, 06:04 AM

Yeah I get £493 but that's with pension taken off as well. x

jenstar · Apr 7th, 2009, 06:11 AM

For me it depends if it's a 4 week month or a 5 week month. So either 420 ish or 500 ish.

Me going onto SMP (as my employer paid above than for the first 12 wks) has put us up a band in the tax credits (from £10 a wk to £90 a wk) so it doesn't make up the full difference between my normal wage and SMP but nearly. You have to apply for tax credits as normal (based on P60 for tax year ending April 09) then phone up with a change of circumstance because you predict your earnings in tax year ending April 2010 will be a lot lower.

golcarlilly · Apr 7th, 2009, 06:13 AM

OOh I hadn't thought of tax credits changing - thanks for that!

x-amy-x · Apr 7th, 2009, 06:22 AM

I got about £480 a month, but i was paying into a pension too x

Apr 7th, 2009, 04:59 AM	#1
golcarlilly Mum (Mom) BnB Elite Join Date: Apr 2008 Location: Huddersfield, West Yorkshire Posts: 10,441	SMP - actual take home amount? Hi ladies, sorry I am gatecrashing from second tri with a quick question! I am entitled to SMP at the standard rate (£123.06) but have just found out that we get tax and NI deductions on it and just need to know how much I will actually get as take home pay? I am panicking now as I hadn't realised there would be deductions and I am going to be more skint than I thought Can anyone help please? TIA xxx

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Apr 7th, 2009, 05:27 AM	#2
golcarlilly Mum (Mom) BnB Elite Join Date: Apr 2008 Location: Huddersfield, West Yorkshire Posts: 10,441	* bump!*

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Apr 7th, 2009, 05:45 AM	#3
NatalieW Mum (Mom) Chat Happy BnB Member Join Date: Mar 2008 Posts: 2,230	Monthly £533.26 Tax paid £6.00 NI £8.84 Net wage £518.42 That doesn't include a pension

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Apr 7th, 2009, 05:47 AM	#4
golcarlilly Mum (Mom) BnB Elite Join Date: Apr 2008 Location: Huddersfield, West Yorkshire Posts: 10,441	Thanks Nat, I was beginning to think no-one was going to answer!! Is this just calculated on 52 weeks at SMP rate divided by 12 though? Help please ladies! - surely most of you ladies on here get SMP? I just want to know an ACTUAL figure from someone who has already received it so I know it is correct I am panicking so much that I am not going to be able to afford to stay off work for long!

Status: Offline

Apr 7th, 2009, 05:51 AM	#5
polo_princess Mum (Mom) BabyandBump Team Join Date: Dec 2007 Location: Hertfordshire Posts: 45,510	Yeah £518 sounds about right chick

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Apr 7th, 2009, 05:55 AM	#6
golcarlilly Mum (Mom) BnB Elite Join Date: Apr 2008 Location: Huddersfield, West Yorkshire Posts: 10,441	Cool, that is more than I thought, not less Thanks Poloprincess

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Apr 7th, 2009, 06:04 AM	#7
Sovereign Mum (Mom) BnB Addict Join Date: May 2008 Location: Manchester Posts: 6,907	Yeah I get £493 but that's with pension taken off as well. x

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Apr 7th, 2009, 06:11 AM	#8
jenstar Mum (Mom) Chat Happy BnB Member Join Date: Dec 2007 Location: N. Ireland Posts: 1,203	For me it depends if it's a 4 week month or a 5 week month. So either 420 ish or 500 ish. Me going onto SMP (as my employer paid above than for the first 12 wks) has put us up a band in the tax credits (from £10 a wk to £90 a wk) so it doesn't make up the full difference between my normal wage and SMP but nearly. You have to apply for tax credits as normal (based on P60 for tax year ending April 09) then phone up with a change of circumstance because you predict your earnings in tax year ending April 2010 will be a lot lower.

Status: Offline

Apr 7th, 2009, 06:13 AM	#9
golcarlilly Mum (Mom) BnB Elite Join Date: Apr 2008 Location: Huddersfield, West Yorkshire Posts: 10,441	OOh I hadn't thought of tax credits changing - thanks for that!

Status: Offline

Apr 7th, 2009, 06:22 AM	#10
x-amy-x Mum (Mom) BnB Elite Join Date: Feb 2008 Location: Teesside, UK Posts: 13,812	I got about £480 a month, but i was paying into a pension too x

Status: Offline

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