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Increase to Statutory Benefit Payments - April 2014
The following increases to statutory payments will occur on 6th April 2014:
The weekly rate of statutory sick pay will increase from £86.70 to £87.55.
The flat rate element of the Statutory Maternity Pay (SMP); Statutory Paternity Pay; Statutory Adoption Pay and Maternity Allowance will increase from £136.78 per week to £138.18 or 90% of the employee's average weekly earnings, whichever is lower.
The earnings threshold to be eligible for these benefits will also increase from £109 to £111 per week at the same time.
The weekly rate of statutory sick pay will increase from £86.70 to £87.55.
The flat rate element of the Statutory Maternity Pay (SMP); Statutory Paternity Pay; Statutory Adoption Pay and Maternity Allowance will increase from £136.78 per week to £138.18 or 90% of the employee's average weekly earnings, whichever is lower.
The earnings threshold to be eligible for these benefits will also increase from £109 to £111 per week at the same time.
Posted on 19 Nov 2016
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