News

Payroll Changes - Employers take note

News Photo

We summarise some important wage and payroll related matters which may be of interest and of which employers should be aware.

 

Statutory Redundancy Rate

The cap for calculating Statutory Redundancy payments is increased from 1st October 2009 from £350 to £380.

 

Working Time Amendment Regulations

As of 1st April 2009 the Working Time Amendment Regulations (2007) came into force, with a rise in statutory holiday entitlement to 28 days (which can include bank holidays).

 

Statutory Payment Rates 2009-10

Statutory Sick Pay (SSP)  £79.15 per week
Statutory Maternity Pay (SMP)
£123.06 per week
Statutory Adoption and Paternity Pay (SAP/SPP)
£123.06 per week

 

Return to News Page