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New statutory payment rates for 2018/2019 | Benefits and Pension rates

The Department for Work and Pensions has published the proposed 2018/2019 benefits and pension rates which should apply from April 2018.

 

To be entitled to these statutory payments, the employee’s average earnings must meet the minimum threshold (lower earnings limit) which has increased from £113 to £116 per week.  

 

*The Statutory Maternity Pay and Statutory Adoption Pay is 90% of an employee’s gross average weekly earnings for the first 6 weeks and £145.18 a week or 90% of the employee’s average weekly earnings (whichever is lower) for the next 33 weeks.

 

For further advice, speak to a member of our team by emailing Tim Ollerenshaw at TimO@moore-tibbits.co.uk or calling 019216 491181

 

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