From 1st July 2020 the paid parental leave entitlement from the government has increased to 26 weeks from the current 22 weeks. To qualify for paid parental leave, a person must have worked an average of 10 hours a week, in at least 26 of the weeks in the year before their due date or the date a child comes into their care.
The amount a person will receive for paid parental leave is based on their earnings over the past year. The current minimum payment is $177.00 a week before tax and the maximum payment is $585.80 a week before tax.
Self-employed people are entitled to paid parental leave and the amount is based on the higher of the last 6 or 12 months of earnings before tax. This can be calculated using a cashflow or annual accounts. We are required to sign a declaration as part of the self-employed application so please contact your client manager in advance.