How does the maternity benefit flow into the tax return?
Both the maternity allowance and the allowance for maternity pay from the employer are generally tax-free. The benefits must nevertheless be entered in the tax return. For the 2017 income tax return, the maternity allowance must be entered in line ninety-six in the main form on page four.
What is the difference between maternity benefit and parental benefit?
The maternity allowance and the parental allowance are financial family benefits in Germany, which are intended to help secure the economic existence of a new family member. The maternity benefit is paid to the mother six weeks before and eight weeks after the birth of the child. This is the period during which expectant mothers are prohibited from working and are not allowed to work.
The parental allowance is paid for twelve months from the time of birth. With the parents money there is the possibility of receiving in the context of parents money plus longer 50% of the sum, in order to facilitate the re-entry into the working life. While the maternity benefit is only paid to the mother, a partnership bonus can be paid out under the parental benefit if the father and mother share the care of the child.
The payment of the parental allowance can be more flexible and paid over a longer period of time than the maternity allowance. Both the parental allowance and the maternity allowance depend on the average net income in the months before the birth and are calculated differently. While the maternity pay is applied for at the statutory health insurance, there is the so-called parental allowance fund for the parental allowance.
The maternity benefit helps expectant mothers to finance the time around the birth, as they are not allowed to work during this period. The parental allowance helps both mother and father financially to bridge the first twelve to twenty-four months after the birth of the child and is intended to facilitate the reintegration into working life. Are you more interested in this topic?
