Free Baby Bonus or Paid Parental Leave Calculator released on 12/12/2010

This free Baby Bonus or Paid Parental Leave Calculator Excel spreadsheet is developed to assist parents to decide whether they should take the baby bonus or paid parental leave by examining the after tax family income of the two options.

Because you can only get either the Baby Bonus or Paid Parental Leave and if you take Paid Parental Leave then you cannot claim Family Tax Benefit B during the Paid Parental Leave, you wonder which one you should choose and if one works out better in the long run.

This free Baby Bonus or Paid Parental Leave Calculator can help you to choose between the Baby Bonus and Paid Parental Leave. It accommodates variables such as when you want to take Paid Parental Leave, when your baby is due, your income, your partner’s income, the employer’s paid maternity leave, Family Tax Benefit A, Family Tax Benefit B, and Low Income Tax Offset etc.

You can download thisĀ FREE Baby Bonus or Paid Parental Leave Calculator from Investment Property Calculator.

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