Statutory Payments Freeze

Statutory maternity pay and statutory sick pay rates will not rise in 2016. The Government has proposed no annual increase in various statutory rates, including maternity pay, paternity pay, shared parental pay, adoption pay and sick pay.

Check the rates HERE

The current weekly rate of statutory maternity pay and other parental payments is £139.58, or 90% of the employee’s average weekly earnings if this figure is less than the statutory rate.

Although there is no statutory requirement to uplift these rates every year, they normally increase each April in line with the consumer price index, there will be no increase to the rates in 2016/17.

Need more information?

Please get in touch with us and we will happily help.

Email:- payroll@tipayroll.co.uk

Tel 01229 490341

 

Speak soon

 

 



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