New Statutory Payment Rates From April 2019

HMRC have published the statutory rates for Maternity pay, Paternity pay, Shared Parental pay, Adoption pay and Sick pay for use from April 2019. Statutory Maternity Pay (SMP) will rise from £145.18, or 90% of the employee’s average weekly earnings, if this is less than the statutory rate, to £148.68. This change will occur on … Continue reading New Statutory Payment Rates From April 2019

Reclaiming Your Statutory Payments

As an employer, you may already know that you can reclaim 92% of your statutory payments such as Maternity, Paternity and  Adoption Pay. However, you may not be aware that you can actually claim 103%! Yes, you heard correctly. If the total of your employees and employers Class 1 National Insurance in the previous year … Continue reading Reclaiming Your Statutory Payments