22 November 2024
The Department for Work and Pensions (DWP) has released the 2025/26 benefit and pension rates. This is a policy paper outlining the changes in rates in the upcoming tax year.
Within this document are the new rates payable for statutory payments.
|
Payment |
Rate 2024/25 |
Rate 2025/26 |
|
Statutory Adoption Pay (SAP) |
184.03 |
187.18 |
|
Statutory Paternity Pay (SPP) |
184.03 |
187.18 |
|
Statutory Shared Parental Pay (ShPP) |
184.03 |
187.18 |
|
Statutory Parental Bereavement Pay (SPBP) |
184.03 |
187.18 |
|
Statutory Sick Pay (SSP) |
116.74 |
118.75 |
The Earnings Threshold will increase from £123 to £125.
Other rates and thresholds may be added as they are decided by the DWP.
Information provided in this news article may be subject to change. Please make note of the date of publication to ensure that you are viewing up to date information.