The Chartered Institute of Payroll Professionals
News On Line
As usual, the national living wage and national minimum wage rates are increasing in April. It is a legal requirement to use the new rates in the first pay reference period which begins on or after 1 April.
2021/22
2022/23
National Living Wage (age 23+)
£8.91
£9.50
NMW (aged 21-22)ed 18-20)
£8.36
£9.18
NMW (aged 18-20) 16-17)
£6.56
£6.83
NMW (aged 16-17)
£4.62
£4.81
NMW (Apprentice in first year of education)
£4.30
£4.81
Accommodation Offset
£8.36
£8.70
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Summary of increase in statutory pay rates 01 April 2022
From 3 April, statutory pay rate increases will start coming into effect. The table below shows the new rates and when they are applicable from: New weekly rate Date applicable from
Statutory sick pay
99.35
6 April 2022
Statutory maternity pay (SMP)
156.66
3 April 2022
Statutory adoption pay (SAP)
156.66
3 April 2022
Statutory paternity pay (SPP)
156.66
3 April 2022
Statutory shared parental pay (ShPP)
156.66
3 April 2022
Statutory parental bereavement pay (SPBP)
156.66
3 April 2022
SMP/SAP/SPP/ShPP/SPBP are paid at 90% of average weekly earnings or the rate above for the first six weeks. For the remaining weeks taken as leave, the statutory rate is paid, or 90% of the average weekly earnings, whichever is lower. The lower earnings limit from 6 April 2022 will be increased to £533 a month or £123 a week. Employees will qualify for statutory payments if their average pay in the relevant period was above this amount.
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The Chartered Institute of Payroll Professionals
Payroll: need to know
cipp.org.uk
Page 144 of 220
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