7
Feb
Does the New Statutory Rates for 2019 / 20 affect your business?
As you may be aware new Statutory Rates have been released for the coming year! please see the below table for information about these changes.
New Statutory Rates for 2019/20
| 2018-19 | 2019-20 | |
|
STATUTORY ADOPTION PAY |
||
|
Standard Rate |
£145.18 | £148.68 |
|
STATUTORY MATERNITY PAY |
||
|
Standard Rate |
£145.18 | £148.68 |
|
STATUTORY PATERNITY PAY |
||
|
Standard Rate |
£145.18 | £148.68 |
|
STATUTORY SHARED PARENTAL PAY |
||
|
Standard Rate |
£145.18 | £148.68 |
|
STATUTORY SICK PAY |
||
|
Standard Rate |
£92.05 | £94.25 |
|
EARNINGS THRESHOLD |
£116.00 | £118.00 |
