| Author |
 Topic Search  Topic Options
|
Salifer 
Senior Member
Joined: 20 January 2007
Location: Rotorua
Points: 1068
|
 Post Options
 Thanks(0)
 Quote  Reply
 Topic: Lump Sum Payment
Posted: 28 January 2008 at 1:33pm |
|
Does anyone know if you can get a lump sum payment for a second baby if the mother has not returned to work after her first baby?
Not sure if its Inland Revenue or Department of Labour that pays this? Anyone know?
Just thinking into the future if I didn't return to my job (that I've taken parental leave from for 12 months) then I wouldn't be eligible for Paid Parental Leave again....but could I be eligible for a lump sum payment?
Edited by Salifer
|
|
|
 |
|
Sponsored Links
|
|
|
Redbedrock
Senior Member
Joined: 01 January 1900
Location: Wellington, New Zealand
Points: 1153
|
Post Options
Thanks(0)
Quote Reply
Posted: 28 January 2008 at 2:12pm |
|
Not sure but I thought you had to return to work for 6 months before you were entitled to Paid PL again. That might just be a local thing to my organisation.
|
|
|
|
Kels
Senior Member
Joined: 01 January 1900
Location: Lower Hutt
Points: 11520
|
Post Options
Thanks(0)
Quote Reply
Posted: 28 January 2008 at 2:23pm |
I dont think so as the lump sum is either the 12 PPL or the lump sum payment. Its a one or the other type thing therefore if you are not eligibly for the 12wks PPL then Im guessing you wouldnt be eligibly for the lumpsum payout. Unfortunately here in NZ we are not paid to have bubbas like other countries.
|
Busy mum to Miss 15yrs, Miss 10yrs and Master 4yrs
|
|
emz
Senior Member
Joined: 25 November 2006
Location: Christchurch
Points: 5321
|
Post Options
Thanks(0)
Quote Reply
Posted: 28 January 2008 at 3:03pm |
Are you talking about the max $1200 payment you can get? Cos I know you can get that if you're under the threshold but don't meet the requirements for PPL. I was only at work for 5 months before Jack was born so didn't get anything for working, but do get the $1200 payment. But then again I don't know if that's what you're talking about... geez maybe I need a nap! 
|
|
kebakat
Senior Member
Joined: 01 January 1900
Location: Palmy North
Points: 10980
|
Post Options
Thanks(0)
Quote Reply
Posted: 28 January 2008 at 3:03pm |
I was curious about this also. The working for families booklet thing I've got doesn't really say if you have to have been working or not and the ird website isn't any clearer (surprise surprise!).. for example it says under parental tax credit:
"Who can get it
You can get a parental tax credit if you are a family:
* with a newborn baby, even if the baby is in a neonatal unit, or
* who adopted a baby at birth, or within the first eight weeks after the baby is born. "
Doesn't say anything about working or not working. 
But if I go by what a work collegue told me while I was preggers I'm pretty sure you can get a parental tax credit. She said when she rang about her taxes she was told she was owed this by them (ird) - she had no clue about it and hadn't been working since her first child.
All that didn't really help much did it? lol
|
|
AliaDawn
Senior Member
Joined: 11 January 2008
Location: Petone, Wellington
Points: 1205
|
Post Options
Thanks(0)
Quote Reply
Posted: 28 January 2008 at 3:10pm |
|
The $1200 is payable if you're not on a benefit/student loan for the 8 weeks after bubs is born. You could be working, living off family or twiddling your thums living in a tree eating berries! You'd still get it, so long as you're not getting a benefit and you are under the threshold.
|
|
|
|
kebakat
Senior Member
Joined: 01 January 1900
Location: Palmy North
Points: 10980
|
Post Options
Thanks(0)
Quote Reply
Posted: 28 January 2008 at 3:17pm |
|
Sweeeeeeet!! hehe
I always wondered if we would get anything with #2 (when that happens)
|
|
babyg
Senior Member
Joined: 10 April 2007
Location: New Plymouth
Points: 5491
|
Post Options
Thanks(0)
Quote Reply
Posted: 28 January 2008 at 3:55pm |
|
Yip, max $1200- from IRD. And the threshold is reasonable - something like $75k (but don't quote me) for family with first child and more if you are having your second or subsequent!!!! Pretty good for having the baby you wanted anyways (well in most cases) huh????!?!?
|
|
Ev, Mum to:
Carys Ruby - 4 October 2007
Spencer James - 2 July 2010
|
|
AliaDawn
Senior Member
Joined: 11 January 2008
Location: Petone, Wellington
Points: 1205
|
Post Options
Thanks(0)
Quote Reply
Posted: 28 January 2008 at 4:44pm |
Found the sheet for ammounts/thresholds. The IRD site is a maze.
http://www.ird.govt.nz/calculators/tool-name/tools-w/ir271-worksheet-wfftc-tables-2008.html?id=righttabs
Click Download, and it's on the 2nd page.
|
|
|
|
ElfsMum
Senior Member
Joined: 04 June 2007
Location: Christchurch
Points: 11702
|
Post Options
Thanks(0)
Quote Reply
Posted: 28 January 2008 at 4:50pm |
|
just be careful..i know you havent been back to work but if you are like me...and you finished work in september an bubs is due feb..you dont get anything as it puts you over the threshold even though i havent been working for 5 months..but she said i can apply after 31st march and will get the 1200...which is really bizarre..because even though it will be the next tax year he will be over 8 weeks old..very bizarre!
|
|
Mum to two amazing boys!
|
|
Kels
Senior Member
Joined: 01 January 1900
Location: Lower Hutt
Points: 11520
|
Post Options
Thanks(0)
Quote Reply
Posted: 28 January 2008 at 7:42pm |
 emz wrote:
. But then again I don't know if that's what you're talking about... geez maybe I need a nap! |
LOL Me either maybe we both need naps lol
|
Busy mum to Miss 15yrs, Miss 10yrs and Master 4yrs
|
|
Kels
Senior Member
Joined: 01 January 1900
Location: Lower Hutt
Points: 11520
|
Post Options
Thanks(0)
Quote Reply
Posted: 28 January 2008 at 7:46pm |
kawwww wrote:
just be careful..i know you havent been back to work but if you are like me...and you finished work in september an bubs is due feb..you dont get anything as it puts you over the threshold even though i havent been working for 5 months..but she said i can apply after 31st march and will get the 1200...which is really bizarre..because even though it will be the next tax year he will be over 8 weeks old..very bizarre! |
I have heard things that too Kawww very weird but at least you can still apply for it!
|
Busy mum to Miss 15yrs, Miss 10yrs and Master 4yrs
|
|
babyg
Senior Member
Joined: 10 April 2007
Location: New Plymouth
Points: 5491
|
Post Options
Thanks(0)
Quote Reply
Posted: 28 January 2008 at 10:07pm |
Salifer - there's also some 'talk' in our Oct thread about IRD payouts if you haven't already seen it 
|
|
Ev, Mum to:
Carys Ruby - 4 October 2007
Spencer James - 2 July 2010
|
|
11111
Senior Member
Joined: 01 January 1900
Location: New Plymouth
Points: 2393
|
Post Options
Thanks(0)
Quote Reply
Posted: 28 January 2008 at 10:39pm |
|
I got the payment with my second after not returening to work after my first if that make's scence the thing that we found out was you can't get the lump sum when bayb is born you can only get lump sum at hte end of finacial year. That is what it was when I had mikey so I had is paid with my family support payment's over a few week's.
|
|
|
|
ElfsMum
Senior Member
Joined: 04 June 2007
Location: Christchurch
Points: 11702
|
Post Options
Thanks(0)
Quote Reply
Posted: 29 January 2008 at 8:03am |
|
oh yep.. you can get it weekly, fortnightly or after end of financial year(which is april isnt it?)
|
|
Mum to two amazing boys!
|
|
Salifer
Senior Member
Joined: 20 January 2007
Location: Rotorua
Points: 1068
|
Post Options
Thanks(0)
Quote Reply
Posted: 29 January 2008 at 12:06pm |
|
Thats good to know I'd be able to get it with a second baby if not returning to work. Wonder how you organise to get it paid weekly/fortnightly. If I had a baby in say August.....would be a long time to wait till the end of the financial year (7 more months) till we got the money.....
Also does anyone know i guess that $1200 gets taxed? So you wouldn't actually get $1200 in the hand would you? It would be less wouldn't it?
|
|
|
|
babyg
Senior Member
Joined: 10 April 2007
Location: New Plymouth
Points: 5491
|
Post Options
Thanks(0)
Quote Reply
Posted: 29 January 2008 at 12:21pm |
|
I do wonder that Salifer - but their website doesn't tell you whether any of their payouts are net or gross! I'd say that's gross too - sly beggars!
|
|
Ev, Mum to:
Carys Ruby - 4 October 2007
Spencer James - 2 July 2010
|
|
AliaDawn
Senior Member
Joined: 11 January 2008
Location: Petone, Wellington
Points: 1205
|
Post Options
Thanks(0)
Quote Reply
Posted: 29 January 2008 at 12:23pm |
I'm not sure if these payments are even taxed at all - makes sense since they come from IRD. I know the ammount on the sheet = exactly what we get for family assistance, so I'd presume the Parental Tax Credit would be the same.
Edited for cruddy spelling. 
Edited by AliaDawn
|
|
|
|
emz
Senior Member
Joined: 25 November 2006
Location: Christchurch
Points: 5321
|
Post Options
Thanks(0)
Quote Reply
Posted: 29 January 2008 at 12:51pm |
|
They're not taxed. We're currently getting $150 a week for 8 weeks = $1200 max credit. I rang up the IRD and asked for an IR200 pack to be sent out. Has all the applications and information (including how much you get paid depending on income, number of children etc).
|
|
ElfsMum
Senior Member
Joined: 04 June 2007
Location: Christchurch
Points: 11702
|
Post Options
Thanks(0)
Quote Reply
Posted: 29 January 2008 at 12:53pm |
|
the website doesnt say much on the form you fill in (ring and get it sent or do it online) you tick how you want payments..she told me jan,feb,march babies would be next financial year but she could have got it all wrong..i dont trust them! and if you hadnt been working you'd be able to get it straight away anyway...
|
|
Mum to two amazing boys!
|
|
Lump Sum Payment
