NSW Government Paid Parental Leave
NSW PARENTAL LEAVE
With the Government Paid Parental Leave, is it recommended to get it paid directly to you by Centrelink, or opt to have it paid through employer?
Getting it paid directly seems more flexible for keeping track of payments/days, but I’m worried about ending up with a big tax bill later since Centrelink only withholds 15% tax?
Seems more cleaner to have it employer paid since they automatically calculate and withhold the correct amounts so trying to suss what is recommended…
Does the amount of tax differ depending on how many days you claim or if you’re claiming it alongside Employer Paid Parental Leave?
For context, I also have 14 Weeks Employer Paid Parental Leave. I am taxed about 37%, but also have my HELP Debt on top of this. Figuring out the best possible solution to use my Employer Leave + Government Leave. Please share suggestions and personal experiences!