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Statutory Payments 2012/13
Sunday, December 18th, 2011
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HMRC have announced the statutory payment amounts that will apply for 2012/13. As we have already advised, the LEL for next tax year is £107.00 per week:
Statutory Sick Pay (SSP)
The weekly rate of SSP has increased by 5.2% to £85.85 from 06 April 2012. This equates to an increase that is equivalent to the CPI inflation as at September 2011. The daily rates are shown in the following table:
| Unrounded daily rates | Number of QDs in week | Number of days due | ||||||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | ||
| £ | £ | £ | £ | £ | £ | £ | £ | |
| 12.2642 | 7 | 12.26 | 24.53 | 36.80 | 49.06 | 61.33 | 73.59 | 85.85 |
| 14.3083 | 6 | 14.31 | 28.62 | 42.93 | 57.24 | 71.55 | 85.85 | |
| 17.17 | 5 | 17.17 | 34.34 | 51.51 | 68.68 | 85.85 | ||
| 21.4625 | 4 | 21.47 | 42.83 | 64.39 | 85.85 | |||
| 28.6166 | 3 | 28.62 | 57.24 | 85.85 | ||||
| 42.9250 | 2 | 42.93 | 85.85 | |||||
| 85.8500 | 1 | 85.85 | ||||||
Statutory Maternity / Ordinary and Additional Paternity / Adoption Pay (SMP / OSPP / ASPP and SAP)
The weekly rates, percentages and thresholds for SMP, SPP and SAP for 2012/13 are shown in the following table. Note that these are effective for complete pay weeks commencing on or after 01 April 2012:
| Rates effective from week starting on or after Sunday | 01 April 2012 | |
| SMP weekly rate for first 6 weeks | 90% of average weekly earnings, even if less than | £135.45 |
| SMP weekly rate for up to next 33 weeksSAP weekly rate for up to 39 weeksOSPP weekly rate for up to 2 weeksASPP weekly rate for up to 19 weeks | Lower of 90% of weekly earnings or | £135.45 |
| SMP, SAP, OSPP and ASPP optional daily rates | £19.35 | |
| Percentage of payment recoverable | 92% | |
| Percentage of payment recoverable (Small Employer’s Relief) | 100% | |
| NI compensation recoverable under Small Employer’s Relief | 3% | |
| Annual NICs threshold for Small Employer’s Relief | £45,000 | |
Note that women who do not meet the average earnings requirement for SMP will be entitled to Maternity Allowance at the above standard rate if they meet the lower average earnings condition.
Further Information
