Statutory payment rates 2020/21 confirmed
Following the government policy paper published in January 2020, announcing 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 2020/21, the government has now published the draft Social Security Benefits Up-rating Order 2020 which confirms the figures.
The standard weekly rates of SMP, SAP, SPP and ShPP will increase from £148.68 to £151.20 from 5 April 2020 and the weekly rate of SSP will increase from £94.25 to £95.85 from 6 April 2020.
The draft Social Security Regulations 2020 confirm that the lower earnings limit, below which employees are not entitled to SMP, SAP, SPP, ShPP and SSP, will increase from £118.00 to £120.00 per week from 6 April 2020.
Latest News
- Childcare Account chores
25/04/2024 - More...
HMRC’s Childcare account can be used to claim free childcare (if eligible) or pay for Tax-Free Childcare. HMRC’s sign in
- Do’s and don’ts for Standard Visitors to the UK
25/04/2024 - More...
There is useful guidance published on GOV.UK that explains the do’s and don’ts for Standard Visitors to the UK. Visitors
- Bikes for employees
25/04/2024 - More...
The Cycle to Work scheme allows employers to provide bicycles and cyclists’ safety equipment to employees as a tax-free
Newsletter
With our newsletter, you automatically receive our latest news per e-mail and get access to the archive including advanced search options!