Inspira UK is a professional services consultancy focusing on bookkeeping and management accounting for growing businesses...with 95% client retention rate and over 65 years of experience.

Contact us to see how we can help your business

News articles

March 29, 2012

Increase in SSP and SMP from April

From 6th April there will be an increase in Statutory Sick Pay (SSP) and Statutory maternity, adoption and paternity pay (SMP).

 

The rate of Statutory Sick Pay (SSP) will change on 6th April 2012 to £85.85 per week
Statutory Sick Pay is payable for up to 28 weeks. The employee must earn a minimum of the Lower Earnings Limit. The daily rate of SSP is calculated by dividing the weekly amount by the number of qualifying days in the week. To calculate the rate for a number of days, the unrounded rate is multiplied by the number of days and rounded up to a whole penny. For daily rates, see the HMRC website.

 
The rate of Statutory maternity, adoption and paternity pay (SMP) will increase on 6th April 2012 from £128.73 to £135.45 per week.

 

 

For further details please see the Government website.

« Back to articles list