PART 4: STATUTORY PAYMENTS
SSP paid in a tax month exceeded 13% of the total NICs liability for that month. Only the excess was reclaimable by deduction from the Class 1 NICs payable. The recovery was abolished on 6th April 2014 and the savings transferred to the new “Fit for Work” service. COPYRIGHT © 2021 THE CHARTERED INSTITUTE OF PAYROLL PROFESSIONALS Statutory Sick Pay - week’s payable, rebates & compensation from 1983/1984 Year Week’s Payable Rebate Comp’n Notes % % 1983/1984 8 100 Zero 1984/1985 8 100 Zero 1985/1986 8 100 9 Compensation added 1986/1987 28 100 9 1987/1988 28 100 7 1988/1989 28 100 7 1989/1990 28 100 7.5 1990/1991 28 100 7 1991/1992 28 80 Zero
Compensation removed
1992/1993
28
80
Zero
1993/1994
28
80
Zero
28 No printing, copying or reproduction permitted. Zero Zero
1994/1995 onwards
100% cost to employers
324
Made with FlippingBook - Online magazine maker