Working out take home pay with transferred credits

[dmos87]

Hi All,

Looking for some help working something out. Currently expecting our first baby at the end of this year, and I'm considering all my options with regard to after my maternity leave.

In the event I don't want to return to work for a year or so, the obvious thing to do would be to transfer my tax credits to the hubby. Is there any online calculator (or something like that) that can tell us the difference it will make to his take home pay?

dmos87

 

[deadlyduck]

Plenty of calculators out there!
My Excel spreadsheet [best is the Excel 2007 file but the 2003 one should also be OK] should be good for this:

http://taxcalc.eu/monthlyss

PM me if you need a hand with using it

 

[dmos87]

deadlyduck, you're a gent! Much appreciated