Statutory maternity, adoption, paternity, shared parental and sick pay to rise from April 2020
According to proposals set out in a government policy paper, the revised 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 2020/21 are to be as follows:
- the standard weekly rates of SMP, SAP, SPP and ShPP will increase from £148.68 to £151.20 (or 90% of the employee’s weekly earnings if that amount is lower than the statutory rate) – it is assumed this will be for payment weeks commencing on or after Sunday, 5 April 2020
- the prescribed weekly rate of maternity allowance (MA) will increase from £148.68 to £151.20 (or 90% of the individual’s weekly earnings if that amount is lower than the statutory rate)
- the weekly rate of SSP will increase from £94.25 to £95.85 from 6 April 2020.
The amount of the earnings threshold (currently £118.00 per week) for tax year 2020/21, below which employees are not entitled to SMP, SAP, SPP, ShPP and SSP, is yet to be confirmed.
Latest News
- CIS – qualifying for gross payment status
17/10/2025 - More...
The Construction Industry Scheme (CIS) is a set of special rules for tax and National Insurance for those working in the
- Deduction of tax on yearly interest
16/10/2025 - More...
The tax legislation requires the deduction of tax from yearly interest that arises in the UK. This typically refers to
- Loss of personal allowance – the £100k ceiling
16/10/2025 - More...
For the current tax year, taxpayers with adjusted net income between £100,000 and £125,140 will face an effective
Newsletter
With our newsletter, you automatically receive our latest news per e-mail and get access to the archive including advanced search options!
