STATUTORY MATERNITY PAY & STATUTORY ADOPTION PAY

2022/23

2021/22

Weekly rate for first 6 weeks

90% of the employee’s average weekly earnings.

90% of the employee’s average weekly earnings.

Weekly rate for remaining 33 weeks

Lower of  £156.66 per week or 90% of the employee’s average weekly earnings.

Lower of  £151.97 per week or 90% of the employee’s average weekly earnings.  

ORDINARY STATUTORY PATERNITY PAY

2022/23

2021/22

Weekly rate

If 2 weeks leave taken, they must be taken together

1 or 2 weeks - Lower of  £156.66 per week or 90% of the employee’s average weekly earnings.

1 or 2 weeks - Lower of  £151.97 per week or 90% of the employee’s average weekly earnings.

RECOVERY OF STATUTORY PAYMENTS FOR EMPLOYERS

2022/23

2021/22

Proportion of  the statutory payments of Statutory Maternity Pay/Statutory Paternity Pay/Statutory Adoption Pay an employer can recover from HMRC

103% of the payments if the total Class 1 NICs (both employee and employer contributions) were below £45,000 for the previous tax year.

103% of the payments if the total Class 1 NICs (both employee and employer contributions) were below £45,000 for the previous tax year.

92% of the payments if the total Class 1 NICs (both employee and employer contributions) were above £45,000 for the previous tax year.

92% of the payments if the total Class 1 NICs (both employee and employer contributions) were above £45,000 for the previous tax year.

Proportion of SSP an employer can  recover from HMRC  - Nil (as this was withdrawn from April 2014), unless Covid related.

STATUTORY SICK PAY

2022/23

Notes

Weekly rate

£99.35

Daily rate to pay an employee (the daily rate) depends on the number of qualifying days they work each week.

E.g.  If an employee is first sick for 1 week from Sunday to Friday, the QDs days in that week are Monday to Friday - 5 days. The first 3 QDs are waiting days and SSP is not payable for those days, so only pay SSP for Thursday and Friday. Therefore, daily rate £19.87 x 2 days = £39.74 = SSP for that week.

Daily rate - 1 qualifying day in week

£99.35

Daily rate - 2 qualifying days in week

£49.68

Daily rate - 3 qualifying days in week

£33.12

Daily rate - 4 qualifying days in week

£24.84

Daily rate - 5 qualifying days in week

£19.87

Daily rate - 6 qualifying days in week

£16.56

Daily rate - 7 qualifying days in week

£14.20

STUDENT LOAN DEDUCTIONS

2022/23

2021/22

Notes

PLAN 1 - loans taken out before 1.9.2012

Earnings threshold at which repayment of student loan begins

per week

per month per year

£388.36

£1,682.91

£20,195

£382.59

£1,657.91

£19,895

From 2016/17 the rate of student loan deduction depends on whether it is PLAN 1 or PLAN 2.The rate of student loan deductions is 9% above the threshold. e.g. PLAN 1 student earning £25,000 per year (£2,083 p.m.) in 2022/23 has a deduction of £25,000-£20,195 = £4,805 x 9% = £432.45 per year (£36.04 per mth).Postgraduate loans have different rates and thresholds.

PLAN 2 - loans taken out after 1.9.2012

Earnings threshold at which repayment of student loan begins

per week

per month per year

£524.90

£2,274.58

£27,295

£524.90

£2,274.58

£27,295

PLAN 4 - (SLP4) applies to loans taken out by Scottish students from the Students Awards Agency Scotland

per week

per month per year

£487.98

£2,114.58

£25,375

£480.76

£2,083.33

£25,000