You can use the maternity and paternity calculator for employers at https://www.gov.uk/maternity-paternity-calculator to calculate your employee’s Statutory Maternity Pay (SMP), paternity or adoption pay.

The new rates for statutory payments from 6 April 2018 to 5 April 2019 are: -

SMP – weekly rate for the first 6 weeks

90% of employee’s average weekly earnings

SMP – weekly rate for remaining weeks

£145.18 or 90% of the employee’s average weekly earnings, whichever is lower

Statutory Paternity Pay (SPP) weekly rate

£145.18 or 90% of the employee’s average weekly earnings, whichever is lower

Statutory Adoption Pay (SAP) – weekly rate for the first 6 weeks

90% of employee’s average weekly earnings

SAP – weekly rate for remaining weeks

£145.18 or 90% of the employee’s average weekly earnings, whichever is lower

Shared Statutory Parental Pay (ShPP) – weekly rate

£145.18 or 90% of the employee’s average weekly earnings, whichever is lower

 

The employer can recover 92% of the statutory payments above if their total Class 1 National Insurance contributions in the tax year is above £45,000.  If the total is below £45,000 then the amount the employer can recover is 103%.

To find out more about how to recover statutory payments please visit https://www.gov.uk/recover-statutory-payments.

To find out more about rates and allowances for the 2018-2019 tax year, please visit https://www.gov.uk/guidance/rates-and-thresholds-for-employers-2018-to-2019.

 

Helen Fielding

19 March 2018