Ssp From April 2025 – This rate it set by the government, and while you can pay more in a company sick pay scheme if you wish, you can't pay below the rate of £118.75 per week. On april 6, 2025, the statutory sick pay (ssp) rate will increase from £116.40 a week to £118.75 per week. This follows on from an increase in april 2025, from £109.40 per week. Paye tax and class 1 national insurance contributions.
Statutory sick pay (ssp) is the minimum amount of sick pay employers must pay. These updates encompass several key benefits, including 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). You are paid this if you are employed by a company, on your usual payday and if you earn at least the lower earnings limit of £123 a week before tax. It is both administered and paid entirely by.
Ssp From April 2025
Ssp From April 2025
Ssp will increase from £116.75 per week to £118.75 per week. Payment from day one employees will become eligible for ssp starting on the first day of illness, rather than. The new rate was announced at the same time as the new rates for family friendly payments (i.e.
The lower earnings limit (the weekly. The uk government has announced the statutory payment rates for the 2025/26 tax year, effective from 6 april 2025. The government has announced that the following statutory payments will increase from april next year:.
Unless otherwise stated, the following figures apply from 6 april 2025 to 5 april 2026. Check when it must be paid and how much an employee gets. Statutory sick pay is £116.75 per week (£118.75 from 6 april 2025).
The changes include no waiting period (employees will be eligible from the first day of absence), removal of lel (people earning below the lower earnings limit will be eligible for ssp), changes in how much individuals are paid (a percentage of their earnings or a flat rate, whichever is lower), and an increase in the ssp rate starting in april. The weekly rate of ssp will increase to £118.75 (currently £116.75); That’s an increase of £2 per week from the 2025/25 tax year.
How much is statutory sick pay in 2025? Times Money Mentor
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