National Minimum Wage
Wage Band | Rate from April 1 |
|---|---|
Age 21 or over (National Living Wage) | £11.44 |
Age 18 to 20 | £8.60 |
Under 18 | £6.40 |
Apprentice | £6.40 |
Statutory Sick Pay
Statutory Sick Pay (SSP) will increase from £109.40 to £116.75 per week for eligible employees, with effect from 6 April 2024. The same weekly SSP rate will apply to all employees.
Statutory Maternity, Paternity, Adoption, Shared Parental and Parental Bereavement Pay
- Statutory Maternity Pay (SMP)
- Paternity or adoption pay
- Qualifying week
- Average weekly earnings
- Leave period
These rates apply from 7 April 2024
Type of payment or recovery | 2024 to 2025 rate |
|---|---|
Statutory Maternity Pay —
weekly rate for first 6 weeks | 90% of the employee’s average weekly earnings |
Statutory Maternity Pay —
weekly rate for remaining weeks | £184.03 or 90% of the employee’s average weekly earnings, whichever is lower |
Statutory Paternity Pay (SPP) —
weekly rate | £184.03 or 90% of the employee’s average weekly earnings, whichever is lower |
Statutory Adoption Pay (SAP) —
weekly rate for first 6 weeks | 90% of the employee’s average weekly earnings |
SAP —
weekly rate for remaining weeks | £184.03 or 90% of the employee’s average weekly earnings, whichever is lower |
Statutory Shared Parental Pay (ShPP) — weekly rate | £184.03 or 90% of the employee’s average weekly earnings, whichever is lower |
Statutory Parental Bereavement Pay (SPBP) — weekly rate | £184.03 or 90% of the employee’s average weekly earnings, whichever is lower |
SMP, SPP, ShPP, SAP or SPBP —
proportion of your payments you can recover from HMRC | 92% if your total Class 1 National Insurance (both employee and employer contributions) is above £45,000 for the previous tax year
. 103% if your total Class 1 National Insurance for the previous tax year is £45,000 or lower |
