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
- Employer toolkit for EU Settlement Scheme published
20/02/2020 - More...
Following Brexit, the government has published an updated toolkit for employers on how to support their employees who
- Change to the off-payroll working rules
20/02/2020 - More...
As part of a review into changes to the operation of the off-payroll working rules (IR35), HMRC has announced that the
- Could you claim the marriage allowance?
19/02/2020 - More...
If you are entitled to the marriage allowance and have not yet applied, you could receive a payment of up to
Newsletter
With our newsletter, you automatically receive our latest news per e-mail and get access to the archive including advanced search options!
