Call Us Today! 01483 456363  xero-certified-advisor-Transparent
This email address is being protected from spambots. You need JavaScript enabled to view it.

Statutory employee benefit pay to rise from April 2019

Source: Department for Work & Pensions | | 02/12/2018

In a written ministerial statement, the government has announced the proposed new rates for Statutory Maternity Pay (SMP), Statutory Adoption Pay (SAP), Statutory Paternity Pay (SPP), Statutory Shared Parental Pay (ShPP) and Statutory Sick Pay (SSP) for tax year 2019/20. 

The proposed revised rates are as follows:

  • The standard weekly rates of SMP, SAP, SPP and ShPP will increase from £145.18 to £148.68 – it is assumed this will be for payment weeks commencing on or after Sunday, 7 April 2019. The prescribed weekly rate of maternity allowance (MA) will also increase from £145.18 to £148.68
  • The weekly rate of SSP will increase from £92.05 to £94.25 from 6 April 2019
  • The earnings threshold, below which employees are not entitled to SMP, SAP, SPP, ShPP and SSP, will increase from £116.00 to £118.00 per week from 6 April 2019.

These rates are still subject to Parliamentary approval.



Contact Us

1 High Street
Guildford
Surrey
GU2 4HP
01483 456363

Tel: 01483 456363
This email address is being protected from spambots. You need JavaScript enabled to view it.

Newsletter

With our newsletter, you automatically receive our latest news by e-mail and get access to the archive including advanced search options!

» Sign up for the Newsletter
» Login

 

Membership

ICAEW-White

Search News