Statutory Payments 2023-24

Statutory Maternity Pay (SMP)

SMP – Weekly rate (first 6 weeks)90% of the employees average weekly earnings
SMP – Weekly rate (remaining weeks)£172.48 or 90% of the employees average weekly earnings (whichever is lower)

Statutory Paternity Pay (SPP)

SPP – Weekly rate£172.48 or 90% of the employees average weekly earnings (whichever is lower)

Statutory Adoption Pay (SAP)

SAP – Weekly rate (First 6 weeks)90% of the employees average weekly earnings
SAP – Weekly rate (Remaining weeks)£172.48 or 90% of the employees average weekly earnings (whichever is lower)

Shared Parental Pay (ShPP)

ShPP – Weekly rate£172.48 or 90% of the employees average weekly earnings (whichever is lower)

Statutory Sick Pay (SSP)

SSP – Weekly rate£109.40

Recovery

Standard92%
Small Employer103%
Small Employers Relief Threshold£45,000