New rates announced for statutory payments
06 January 2012
Increases to the rates of statutory sick pay (SSP) and the prescribed rate for statutory maternity pay (SMP), statutory paternity pay (SPP) and statutory adoption pay (SAP) have now been announced and will apply from April 2012. The new rates are:
- £135.45 for SMP, SPP and SAP, increased from £128.73 per week
- £85.85 for SSP, increased from £81.60 per week.
The weekly earnings threshold for the statutory payments also rises from £102 to £107.
If you would like more information, or specific advice, on the impact of this announcement, please contact Roger Bull on 0117 939 2000 or email firstname.lastname@example.org, or contact the lawyer at Burges Salmon with whom you usually deal.