Paid Parental Leave - Income for the tax year?

Hi,

Can someone please clarify if PPL is classed as income? I am trying to estimate what my income will be for next financial year so I can figure out if I am better of with PPL or the baby bonus. Someone told me that PPL is classified as income, whereas I thought any benefits from FA and the likes is not considered as income per se....?

Ppl is classed as income and that is why u get taxed on it - the baby bonus isn't taxed and therefore isn't classed as income.

PPL is taxable, ftba, ftbb, baby bonus are not

Shoot, that means I stuffed up my estimates when ds was born.


Excuse my sucky spelling, I'm on my iPhone

bugger
change it now - it will mean you'll get short paid for the next few weeks but will reduce any potential debt at tax time

Thanks all, makes sense now! I'll have to work out whether or not to take full pay or half pay b/c we get paid maternity leave at work plus I have annual leave and some LSL..... Oh the joys! :p