The weekly rates of statutory maternity pay (SMP), statutory adoption pay (SAP), statutory paternity pay (SPP) and statutory shared parental pay (ShPP) will increase from £140.98 to £145.18. The earnings threshold will also be increasing.
The new pay rates will take effect from the 1 April 2018.
Statutory sick pay (SSP) will also increase for the employees who are absent from work due to sickness. From 6 April 2018, SSP will be payable at £92.05 a week, increase from £89.35 a week. In order to be eligible to receive these statutory payments, employees will have to earn the lower earnings limit (LEL) of £116 per week from 6 April.
2017-18 2018-19
Statutory Adoption Pay
Earnings threshold      £113.00    £116.00
Standard Rate           £140.98    £145.18
Statutory Maternity Pay  
Earnings threshold      £113.00    £116.00
Standard Rate           £140.98    £145.18
Statutory Paternity Pay
Earnings threshold      £113.00    £116.00
Standard Rate           £140.98    £145.18
Statutory Shared Parental Pay
Earnings threshold      £113.00    £116.00
Standard Rate           £140.98    £145.18

Impression works with businesses across the automotive aftermarket supply chain such as parts suppliers, warehouse distributors, motor factors and independent garages. Covering all aspects of automotive aftermarket marketing, including social media, event management, customer newsletters and PR, Impression is able to quickly establish itself within a client’s business and work towards their objectives.
Statutory Sick Pay
Earnings threshold     £113.00    £116.00
Standard Rate           £89.35      £92.05

 
         
                                     
                                     
                                     
                                     
                                     
                                    