BuggsieMoo
06-02-2013, 01:07 PM
Hi, Im due to start maternity leave in the summer and will be getting maternity allowance. Am I correct in thinking that I need to add this to my accounts book as an income for the period I am on it?
Thanks
MrAnchovy
06-02-2013, 04:04 PM
Hi, Im due to start maternity leave in the summer and will be getting maternity allowance. Am I correct in thinking that I need to add this to my accounts book as an income for the period I am on it?
Thanks
No, Maternity Allowance is not business income and it is not subject to tax.
BuggsieMoo
06-02-2013, 04:23 PM
Thank you for the clarification