BrightPay Blog


Nov 2016

30

New Proposed Statutory Payment Rates Announced for 2017-18

For the new tax year 2017-18, the Department for Work and Pensions have published the proposed statutory payment rates for benefits and pensions. The recovery amounts have not been published yet. Here is a link to the full list published - https://www.gov.uk/government/publications/proposed-benefit-and-pension-rates-2017-to-2018.

Please see some rates details below:

  2016-17 2017-18
SAP, SMP, SPP, SSPP    
Earnings threshold £112.00 £113.00
Standard Rate £139.58 £140.98
     
SSP    
Earnings threshold £112.00 £113.00
Standard Rate £88.45 £89.35
     

 

Posted byDebbie ClarkeinPayroll