Statutory payment rates for the tax year 2019/20

Accounts Navigator

The following statutory payment rates have been confirmed:

The standard weekly rates of Statutory Adoption Pay (SAP), Statutory Paternity Pay (SPP) and Statutory Shared Parental Pay (ShPP) will increase from £145.18 to £148.68 from 01 April 2019. The weekly rate of Statutory Sick Pay (SSP) will increase from £92.05 to £94.25 from 06 April 2019 and the standard weekly rate of Statutory Maternity Pay (SMP) will increase from £145.18 to £148.68 from 07 April 2019.

Note the different effective date for the increases in SAP, SPP and ShPP to that for SMP. The increase to SSP always takes effect from the start of a new tax year. The lower earnings limit, 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.

This article is copyright © 2024