What are collective pension schemes?
10 June 2014
The Queen’s Speech last week included a reference to the government plan to introduce collective pension schemes.
This article supplied by Your Money includes some helpful explanations of this type of scheme.
Rates and Thresholds
Statutory payment rates 2014/2015
19 December 2013
Confirmation of the Statutory Payment rates for 2014/15 has been published.
Statutory Adoption Pay
2014/15 £111.00 £138.18
Earnings threshold
Standard Rate
Statutory Maternity Pay Earnings threshold
£111.00 £138.18
Standard rate
Statutory Paternity Pay Earnings threshold
£111.00 £138.18 £138.18
Ordinary Statutory Paternity Pay (Standard Rate) Additional Statutory Paternity Pay (Standard Rate)
Statutory Sick Pay Earnings threshold
£111.00 £87.55
Standard rate
The SSP rate will take effect from 6 April 2014.
The SMP, SAP, OSPP and ASPP rates will take effect for payment weeks beginning on or after the 1st Sunday in April which is also 6 April 2014.
There are no changes to the rules and rates for the recovery of SMP, SAP, OSPP and ASPP for 2014-15.
The Percentage Threshold Scheme for recovery of SSP will be abolished from 6th April 2014.
Tax and tax credit rates and thresholds for 2014-15
19 December 2013
Following the Autumn Statement the rates and thresholds for the 2014/15 tax year have been published.
Full details can be found through the link below which contains the following contents:
CIPP Policy News Journal
08/04/2015, Page 447 of 521
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