Weekly benefit Basic State Pension New State Pension Selected Rates Statutory pay standard rates
2020/21 2019/20
£
£
134.25 175.20
129.20 168.60
- average weekly earnings £120 (£118) or over
Sick Pay
95.85 151.20 151.20 151.20
94.25 148.68 148.68 148.68
Maternity/Adoption Pay Shared Parental Pay Paternity Pay
National Living Wage and National Minimum Wage Age NLW 21-24 18-20 16-17 Apprentices From 1 April 2020 £8.72 £8.20 £6.45 £4.55 £4.15 Applies to apprentices under 19, or 19 and over in the first year of apprenticeship. NLW applies to those aged 25 and over.
Key Dates and Deadlines Payment Dates Income Tax and Class 4 NIC 1st payment on account 31 January 2nd payment on account 31 July
2020/21 2019/20
2021 2021 2022 2022 2022 2021
2020 2020 2021 2021 2021
Balancing payment Capital Gains Tax Class 1A NIC Class 2 NIC
31 January 31 January 31 January 19 July
2020 Corporation Tax – 9 months and one day after the end of accounting period (quarterly instalments if large company) 6 July 2020 - P11D and P11D(b) and copies to employees 31 October 2020 - paper Self Assessment Tax Return (SATR) 30 December 2020 - SATR Online where outstanding tax (subject to cap) to be included in 2021/22 PAYE code 31 January 2021 - SATR Online 2019/20 Returns Filing Deadlines: 31 May 2020 - P60s to employees
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