Income while on parental leave..
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Category: General Chat
Forum Name: General Chat
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URL: https://www.ohbaby.co.nz/forum/forum_posts.asp?TID=16705
Printed Date: 28 September 2025 at 7:26pm
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Topic: Income while on parental leave..
Posted By: minik8e
Subject: Income while on parental leave..
Date Posted: 27 April 2008 at 5:05pm
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Hi ladies, I am hoping that someone may be able to help me with working out what I would be entitled to while off work on parental leave (and therefore, if we can afford to have children sooner rather than later)...
There is paid parental leave - $310 pw after tax Parental tax credit - because it's based on our previous year's earnings, it could be around $26 pw Accommodation supplement - approx $50 pw Is there anything else that I could be entitled to? Our biggest thing is that my income pays the mortgage ($850 a week) and the groceries ($150 a fortnight) and everything else comes out of DP's income...so we would possibly need to keep our income at around that level. We would buy things in advance - ie. when we have money rather than all at once, but what else could we do? |
Replies:
Posted By: kebakat
Date Posted: 27 April 2008 at 5:10pm
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You could save up as much as possible. Take a mortgage holiday so you don't have to pay for your mortgage for a couple of months. I don't know what your mortgage is like but we had a 20yr mortgage. We have extended it out to a 30yr one for the next few years while I am at home to bring the payments down in cost and then once I'm back at work full time then we will readjust it again.
I don't think any support from the govt will get you anywhere near your income. PPL only lasts 14 weeks too. |
Posted By: minik8e
Date Posted: 27 April 2008 at 5:16pm
| After PPL is used, I will be going back to work full-time (thanks to MIL)...so that isn't so much a problem, it's just the 14 weeks first. Our mtge is over 30 years but we make extra payments to cut it down to 21 years...just the way the bank works out fortnightly payments though, not by choice. I may ask SBS about a mortgage holiday and see what they offer - I'm not 100% sure on how it works? Or even if they offer it!! |
Posted By: mum2paris
Date Posted: 27 April 2008 at 5:24pm
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you also have to look at the fact that if you did choose to stay at home after the paid parental leave, you would be entitled to the fortnightly/weekly family assistance payments after that which are based upon your partners wage if he is still working, plus, even if you go back to work after that part time, you may still be entitled dependant on your combined wages. add to that the in-work payment too as long as one or both of you collectively work 30 hours per week or more. ------------- Janine and her 2 cool chicks, Paris & Ayja 
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Posted By: lilfatty
Date Posted: 27 April 2008 at 5:38pm
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I worked out all our bills for the period I was taking as leave subtracted my PPL entitlements of $640.28 a fortnight and saved the deficit I then used my holiday pay as an emergency fund (which thankfully we havent needed) ... I also bought all the baby gear while I was working which helped loads.
------------- Mummy to Issy (3) and Elias (18 months) I did it .. 41 kgs gone! From flab to fab in under a year  http://www.femininefitness.co.nz/category/blog - LFs weight blog
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Posted By: minik8e
Date Posted: 27 April 2008 at 5:38pm
| Man it's so confusing!! So is family assistance different to the in-work payment? How do you figure out what that would be, if for example DP stayed home and I went back to work? |
Posted By: mum2paris
Date Posted: 27 April 2008 at 7:58pm
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try going here, have a wee look through and use the calculator to figure out how much you would be entitled to.
The in-work payment is part of the family assistance scheme, in that if one of you is working at least more than 30hrs per week then it goes on top of what you are eligible for in terms of family assistance. ------------- Janine and her 2 cool chicks, Paris & Ayja
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Posted By: Bombshell
Date Posted: 27 April 2008 at 8:16pm
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think family assistance has a $70000 threshhold for one kid...so we miss out there....DOH! and so do you!
PPL - you can get that or that tax credit i think Mortgage holiday...we did it ....3 months (there is one bank who will look at 6 months) and we did it across the board...made a HUGE difference and we still had tenants paying so that helped out more at the end... Working parttime maybe? I took ella to office with me 2-3 days with flexi time...perhaps you could do that too? esp if they really need you! 
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Posted By: Maya
Date Posted: 27 April 2008 at 8:25pm
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Yup, you can get PTC OR PPL, not both. But I think you are probably thinking of FA of $26 a week based on your income. It's based on your ANNUAL income tho, so if you are only taking 14 weeks PPL they would take the rest of the years income into account as well.
The In Work payment is another payment you get if one partner is in full time employment, it's a fixed amount, it used to $15 a week back when I just had one kid but no idea how much it is for one kid these days. -------------  Maya Grace (28/02/03)
 (02/01/06)
The Gremlins:Sienna Marie & Mercedes Kailah (14/10/06)
Lil miss:Chiara Louise Chloe (09/07/08)
Her ladyship:Rosalia Sophie Anais (18/06/12)
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Posted By: busymum
Date Posted: 27 April 2008 at 8:40pm
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Emma, if you have PPL you can still get PTC (family support) for the older kids?
(Sorry for threadjack) ------------- |
Posted By: Maya
Date Posted: 27 April 2008 at 8:43pm
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NOt PTC, PTC is only for the 12 weeks after the birth of a new baby, and only if you don't get PPL.
But you can get your normal Family Assistance payments, and they increase to take into account the new baby from the day he/she is born regardless of whether you take PPL or PTC. ------------- Maya Grace (28/02/03)
(02/01/06)
The Gremlins:Sienna Marie & Mercedes Kailah (14/10/06)
Lil miss:Chiara Louise Chloe (09/07/08)
Her ladyship:Rosalia Sophie Anais (18/06/12)
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Posted By: busymum
Date Posted: 27 April 2008 at 9:03pm
oh sry, getting confused with all the names  lol------------- |
Posted By: Maya
Date Posted: 27 April 2008 at 9:16pm
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Yup, they are all so similar. I *think* one of the components of Family Assistance is called Family Tax Credit, but that might be what they replaced with In work Payment. Or was that the Child Tax Credit? I've lost track. ------------- Maya Grace (28/02/03)
(02/01/06)
The Gremlins:Sienna Marie & Mercedes Kailah (14/10/06)
Lil miss:Chiara Louise Chloe (09/07/08)
Her ladyship:Rosalia Sophie Anais (18/06/12)
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Posted By: minik8e
Date Posted: 27 April 2008 at 9:44pm
Phew, how flaming confusing!!! BS - we might juuuuust scrape in, as I was part-time most of last year, and only full-time from July-September and then November onwards. And because I'm not in law anymore ( ) but am in insurance, I'm not sure if they'll let me bring bubs in with me....I can always ask though, and they may even allow me to work from home with a laptop, though it depends which position I'm in. If, as planned, I get my manager's job when he leaves at the end of the year, the capability to work from home exists - he just chooses not to. It's such a confusing, distressing and emotional subject really...can we afford it.
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Posted By: Bombshell
Date Posted: 27 April 2008 at 9:56pm
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def make sure you ask about the mortgage holi then...makes a HUGE difference...and altho it puts interest onto it at the end to us it was worth it so we could afford me to be off for the six months....weve come back from being off no worries...you will too...
we dont fit into any other supplements....damn it all this hard work and no freebies back for it....
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Posted By: james
Date Posted: 28 April 2008 at 8:00am
sbs are relly good my dad has his morgtuge thur them when he hurt his back and was on acc they put the payments down so we wound,nt lose our house. then when mum was sick they did it again so its relly worth talking with them ------------- <a href="http://lilypie.com"><img src="http://b4.lilypie.com/nLJ5p13.png" alt="Lilypie 4th Birthday Ticker" border="0" /></a> |
Posted By: MissCassie
Date Posted: 28 April 2008 at 2:31pm
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Woah I'm confused.
Okay, I havn't been employed by the same people for a year. It'll be around 6months,and it's not full time work. I just got a full time day job. Am i entitled to maternity leave? Ill have been there around 7months before bubs. |
Posted By: minik8e
Date Posted: 28 April 2008 at 3:10pm
| I think in those circumstances you're entitled to the Paid Parental Leave of 14 weeks, but not the 12 months unpaid (where your employer has to hold your job open for you)? |
Posted By: aussiegirl
Date Posted: 28 April 2008 at 5:05pm
What is the accommodation supplement?  ------------- Mum to Hayley **30.6.08
http://lilypie.com"> 
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Posted By: lilfatty
Date Posted: 28 April 2008 at 5:16pm
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The accomodation supplement is a monetary amount (weekly) to help you pay rent/mortgage/board etc. You can find more info and a calculator at http://www.workingforfamilies.govt.nz - www.workingforfamilies.govt.nz ------------- Mummy to Issy (3) and Elias (18 months) I did it .. 41 kgs gone! From flab to fab in under a year http://www.femininefitness.co.nz/category/blog - LFs weight blog
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Posted By: Phat_Cat
Date Posted: 28 April 2008 at 6:17pm
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just be aware that you might not get much DH is on the $56K mark and the only entitlement we were allowed for working with families - IRD was $20/week!! really suxs when youve been working hard for years and being a good tax payer.
------------- Tristen - 24/06/07 Rylan - 11/12/08 Angel Babies -14/08/05 & 21/01/2010 Curtis - 26/02/12 |
Posted By: Two Blondinis
Date Posted: 28 April 2008 at 10:06pm
From the Dept of Labour website "You are eligible for parental leave if you have: Worked for the same employer for an average of at least 10 hours a week, and at least one hour in every week or 40 hours in every month, in the six or 12 months immediately before the baby’s expected due date" We don't qualify for ANY subsidy! But still need to get in a lodger to help pay the bills so we can afford another baby! I'm still not happy about that, but it means we get to have another baby and it will only be until I return to full time work (hopefully!!) We certainly don't live an extravagant lifestyle (and I have 2 jobs (normal 9-5 and nappy agent) but sadly we are still classed as mid-high earners! Not sure where the money is tho - perhaps down the back of the couch I'll find a couple of million bucks?
I highly recommend a repayments holiday tho - We'll definitely be doing that as PPL isn't even half of my wages ------------- http://lilypie.com"> 
 
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MissCassie wrote: