Statutory Parental Payment increased by 10.1% from April 2023 to £172.48

Following the governments Autumn Statement on 17th November 2022 and indication that benefits would rise by 10.1%, it has been confirmed that the standard rate for: Statutory Maternity Pay (SMP) Shared Parental Pay (ShPP) Statutory Paternity Pay (SPP) Statutory Adoption Pay (SAP) And Statutory Parental Bereavement Pay (SPBP) will increase from the current £156.66 to … Continue reading Statutory Parental Payment increased by 10.1% from April 2023 to £172.48 →

Payroll 2023-24: Allowances, Rates and Thresholds from 6 April 2023

Dear IReeN.UK, Following the Autumn Statement of 17 November 2022 we can confirm the following information for payroll 2023-24. Where details are not currently known these are marked as TBA and we will provide further information as soon as we receive it. 2023-2024 Personal Allowance: £12,570PAYE Thresholds: Weekly: £242Monthly: £1,048Standard / Emergency tax code: 1257LTax Code uplifts: … Continue reading Payroll 2023-24: Allowances, Rates and Thresholds from 6 April 2023 →

National Minimum Wage increase impact on Historic Statutory Maternity Pay

National Minimum Wage increase impact on Historic Statutory Maternity Pay http://payadvice.uk/2022/02/17/national-minimum-wage-increase-impact-on-historic-statutory-maternity-pay/ — Read on payadvice.uk/2022/02/17/national-minimum-wage-increase-impact-on-historic-statutory-maternity-pay/

Statutory Payments from the deemed employees intermediaries

Statutory Payments from the deemed employees intermediaries http://payadvice.uk/2021/05/24/statutory-payments-from-the-deemed-employees-intermediaries/ — Read on payadvice.uk/2021/05/24/statutory-payments-from-the-deemed-employees-intermediaries/