+ Reply to Thread
Results 1 to 9 of 9
  1. #1
    Join Date
    Jul 2012
    Location
    Melbourne
    Posts
    1,833
    Thanks
    997
    Thanked
    628
    Reviews
    5
    Achievements:Topaz Star - 500 posts

    Default Maternity leave and government payments

    Hi ladies.

    Looking for some advice...

    I found out today that I'm not eligible for may leave from my work.

    I've read up on the baby bonus and parental leave and had a quick question about those... Is the parental leave almost double the baby bonus payment???

    Also. Wondering if there's anything else you can claim after the parental payment comes to an end??

    Any advice or help would be greatly appreciated as I've been reading up on it all say and I feel like I'm going cross eyed!!

  2. #2
    Join Date
    Jul 2012
    Location
    Gold Coast
    Posts
    41
    Thanks
    1
    Thanked
    5
    Reviews
    0

    Default Maternity leave and government payments

    I would like to know too :-) thanks.

  3. #3
    Join Date
    Jul 2011
    Location
    Melbourne
    Posts
    5,005
    Thanks
    1,052
    Thanked
    3,524
    Reviews
    1
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 posts

    Default Maternity leave and government payments

    PPL is more gross but is classed as income and taxed appropriately.

  4. #4
    Join Date
    Jul 2008
    Location
    Australia
    Posts
    335
    Thanks
    19
    Thanked
    48
    Reviews
    0

    Default Maternity leave and government payments

    PPL works out at about $9000 (approx) in the hand.

  5. #5
    Join Date
    Jan 2009
    Posts
    10,611
    Thanks
    404
    Thanked
    1,918
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 posts

    Default Re: Maternity leave and government payments

    Bb is $5k (tax free), ppl is a bit over $10k (taxable). As ppl is income, it will affect eligibility for other payments like ftb.

    you have to calculate it depending on your situation. Eg, I worked out I was better taking ppl.

    You may be eligible for ftb and pp depending on family income, but the threshold is very low for pp.

  6. #6
    Join Date
    Jan 2009
    Posts
    10,611
    Thanks
    404
    Thanked
    1,918
    Reviews
    0
    Achievements:Topaz Star - 500 postsAmber Star - 2,000 postsAmethyst Star - 5,000 postsEmerald Star - 10,000 posts

    Default Re: Maternity leave and government payments

    Everyone's ppl will be different, as what you earn over the whole financial year determines your tax rate.

  7. #7
    Join Date
    May 2012
    Posts
    898
    Thanks
    391
    Thanked
    218
    Reviews
    0
    Achievements:Topaz Star - 500 posts
    In most cases ppl works out better. But if you go on centrelinks website their is a calculator you can use. You answer some questions and then it tells you whether you are better off with ppl or baby bonus. Mine came back at like $170 better off with ppl but I put in my normal taxable income which I won't be getting for the whole year so I think it should be better off more than that.

  8. #8
    Join Date
    Mar 2011
    Posts
    268
    Thanks
    0
    Thanked
    55
    Reviews
    0

    Default Maternity leave and government payments

    PPL is classed as income and must be included as income in your tax return. You pay tax on the money and depending what you are entitled to with family tax benefit A & B, the PPL could push you over the income threshold.

    The Baby Bonus is not taxable, does not go in your tax return so can't affect other payments you may be eligible for. BB does have an income cut off so if you and your partner earn over a threshold in the 6mths after bub is born you are not eligible. You need to estimate your income post birth for the 6 months. (the threshold is pretty high but can't recall what it is).

    You may need some financial advice to see which option is better for your situation.

  9. #9
    Join Date
    Mar 2010
    Posts
    605
    Thanks
    0
    Thanked
    82
    Reviews
    0
    Achievements:Topaz Star - 500 posts

    Default Maternity leave and government payments

    Quote Originally Posted by Cleo77 View Post
    BB does have an income cut off so if you and your partner earn over a threshold in the 6mths after bub is born you are not eligible. You need to estimate your income post birth for the 6 months. (the threshold is pretty high but can't recall what it is).
    .
    $75k I think is the cut off

    Centre link calculators can do a comparison to see which you would be better of claiming.


 

Similar Threads

  1. MAternity leave/Annual leave question
    By hoping28 in forum Maternity Leave
    Replies: 17
    Last Post: 19-07-2013, 09:58
  2. Government Paid parental leave question.
    By mjw84 in forum Maternity & Parental Leave
    Replies: 11
    Last Post: 06-09-2012, 09:54
  3. paid parental Leave & Maternity Leave - When to take them?
    By Missy2579 in forum Maternity & Parental Leave
    Replies: 11
    Last Post: 31-01-2012, 21:29

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
free weekly newsletters | sign up now!
who are these people who write great posts? meet our hubbub authors!
Learn how you can contribute to the hubbub!

reviews
learn how you can become a reviewer!

competitions

forum - chatting now
christmas gift guidesee all Red Stocking
Ro&Co
Share magical moments this Christmas with this gorgeous gingerbread house. Exclusively available in Brisbane, with FREE delivery in Brisbane Metro areas. Each Christmas Centrepiece is unique and made to order, from $240.
sales & new stuffsee all
Pea Pods
Buy 2 Award Winning Pea Pods Reusable One Size Nappies for only $38 (in your choice of colours) and receive a FREE roll of Bamboo Liners. Don't miss out, we don't usually have discounts on the nappies, so grab this special offer!
Special Offer! Save $12
featured supporter
henry and grace
Summer Cool. We are the only brand in the world to use ultrafine Merino wool to produce the finest, softest & most luxurious garments whilst keeping mum and bub cool and dry. Wear them multiple times before machine washing-hard to believe, but true.
gotcha
X

Pregnant for the first-time?

Not sure where to start? We can help!

Our Insider Programs for pregnancy first-timers will lead you step-by-step through the 14 Pregnancy Must Dos!