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Stay at home parents: benefits you may be entitled to and how to apply

Being a stay at home parent has advantages, but it can be tough financially. Fortunately, there is some financial support available that can ease the pressure and help to cover bills, food and other essential costs. Make sure you understand what benefits you’re entitled to and how to apply. 

Maternity & paternity pay

If you’ve been in work, you should be entitled to statutory maternity pay or maternity allowance depending on your circumstances. 

Statutory maternity leave & pay

You are entitled to take 52 weeks leave, but statutory pay only covers 39 weeks. The first six weeks should be at 90% of your average weekly earnings, and the following 33 weeks will be £148.68 per week or 90% of your earnings (whichever is lower).

Morses Club PLC (LON:MCL) is an established, relationship-driven consumer finance provider offering a range of credit products and delivering exceptional services to customers in the non-standard finance market.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.