Statutory payment rates for 2015-16

05 January 2015

 

If readers who need the new statutory payment rates and thresholds have not yet located them, we repeat them below.

We apologise that confirmation of the statutory payment figures was overlooked in the flurry of announcements on Autumn Statement day. The proposed thresholds and rates are set out below:

 

 

                                                                                  2014-15                        2015-16

STATUTORY ADOPTION PAY

Earnings threshold                                                 111.00                           112.00

Standard Rate                                                         138.18                           139.58

STATUTORY MATERNITY PAY

Earnings threshold                                                 111.00                           112.00

Standard rate                                                           138.18                          139.58

STATUTORY PATERNITY PAY

Earnings threshold                                                111.00                           112.00

Standard Rate                                                        138.18                           139.58

Additional statutory paternity pay                        138.18                           139.58

STATUTORY SHARED PARENTAL PAY

Earnings threshold                                               111.00                          112.00

Standard rate                                                         138.18                         139.58

STATUTORY SICK PAY

Earnings threshold                                              111.00                          112.00

Standard rate                                                           87.55                           88.45