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SMP, SAP, SPP, ShPP, SPBP and SSP to rise from April 2022

According to proposals set out in a government policy paper, the revised rates for statutory maternity pay (SMP), statutory adoption pay (SAP), statutory paternity pay (SPP), statutory shared parental pay (ShPP), statutory parental bereavement pay (SPBP) and statutory sick pay (SSP) for tax year 2022/23 are to be as follows:

  • the standard weekly rates of SMP, SAP, SPP, ShPP and SPBP will increase from £151.97 to £156.66 (or 90% of the employee’s weekly earnings if that amount is lower than the statutory rate) – it is assumed this will be for payment weeks commencing on or after Sunday, 3 April 2022
  • the prescribed weekly rate of maternity allowance (MA) will increase from £151.97 to £156.66 (or 90% of the individual’s weekly earnings if that amount is lower than the statutory rate)
  • the weekly rate of SSP will increase from £96.35 to £99.35 from 6 April 2022.

In addition, the amount of the earnings threshold, below which employees do not qualify for SMP, SAP, SPP, ShPP, SPBP and SSP, is to rise from £120 to £123 per week.

Source: Department for Work & Pensions Fri, 26 Nov 2021 00:00:00 +0100

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Below are links to websites you may find of interest, but as we like to support our local community and clients, we have included links to websites that may be of interest:

HMRC
FT
BBC
VEALE WASBROUGH VIZARDS
CESP
PRACTICE INDEX
SIMCOMM ACADEMY

More Local:
FOOTPLATE EXPERIENCE
ANGLEBURY PRESS
OFFCAMBER.CO.UK