Statutory Payments Increases from 2nd April 2017
Statutory Payments are payments that are made to employees to cover earnings lost when they are absent from work either due to illness or because they are becoming a parent.
The weekly rate of statutory maternity, paternity, adoption and shared parental pay will increase to £140.98 from 2nd April 2017
The statutory sick pay will increase to £89.35 from 6th April 2017.
The maximum statutory redundancy payment will increase to £14,670 and the cap on a statutory week’s pay will increase to £489.
If you have any questions on Statutory Payments please contact us.
Related Material
-
Richard Harrington, parliamentary under secretary of state for pensions, has confirmed the all-important auto-enrolment thresholds for 2017-18: The Qualifying Earnings ... -
At Budget 2016, the then chancellor announced that increases to the National Minimum Wage and National Living Wage would be ... -
PayAssist does a lot of work helping small businesses in Sussex with payroll – and there’s good reason why many ... -
Auto-enrolment is the new law on workplace pensions, meaning that every employer with at least one member of staff now ...
Get In Touch
52 New Town
Uckfield
East Sussex TN22 5DE
Telephone: 01825 746877
Email: info@pay-assist.co.uk
Fax: +44(0)1825 746899
Uckfield
East Sussex TN22 5DE
Telephone: 01825 746877
Email: info@pay-assist.co.uk
Fax: +44(0)1825 746899
Connect
Contact Us
Copyright 2020 PayAssist. All Rights Reserved