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