Statutory Maternity Pay Earnings threshold
£107.00 £135.45
£109.00 £136.78
Standard rate
Statutory Paternity Pay Earnings threshold
£107.00 £135.45 £135.45
£109.00 £136.78 £136.78
Ordinary Statutory Paternity Pay (Standard Rate) Additional Statutory Paternity Pay (Standard Rate)
Statutory Sick Pay Earnings threshold
£107.00 £85.85
£109.00 £86.70
Standard rate
Women who qualify for Statutory Maternity Pay receive 90% of their average weekly earnings for the first six weeks with no upper limit. The compensation rate for 2013/14 is 3%. The percentage threshold for 2013/14 is 13%. The rates for SAP, SMP, OSPP and ASPP take effect from the first Sunday in April. The rates for SSP take effect from the start of the tax year.
AUTO ENROLMENT PRP THRESHOLDS 2013/2014
23 January 2013
The Department for Work & Pensions (DWP) and the Pensions Regulator have provided a table of the various pay reference period thresholds for Auto enrolment for 2013/14.
After the announcement of the increase to the annual thresholds for Auto enrolment, numerous requests were made by industry representatives for the release of the 2013/14 threshold values broken down to each of the various Pay Reference Periods (PRPs).
These are the proposed thresholds and are still subject to parliamentary approval.
The thresholds will come into force on 6th April 2013.
Automatic enrolment rates 2013/14
1 week
2 weeks
4 weeks
1 Month
3 Months 6
Months £4,720
Automatic enrolment Earnings trigger
£182
£364
£727
£787
£2,360
£9,440
Qualifying earnings
£109
£218
£436
£473
£1,417
£2,834
band lower limit
£5,668
Qualifying earnings band upper
£797
£1,594
£3,188
£3,454
£10,363
£20,725
CIPP Policy News Journal
16/04/2014, Page 481 of 519
Made with FlippingBook - Online magazine maker