New HMRC Statutory Rates 2021/22
HMRC have published he new statutory rates for the 2021/22 financial year.
The new rates show an increase in the weekly rate of Statutory Sick Pay up from £95.85 to £96.35 per week.
Maternity, Paternity, Adoption, Shared and Parental Bereavement Pay are up from £151.20 to £151.97 per week a very slight increase on last year.
These rates remain the same throughout all devolved regions of the UK. All other qualifying rules relating to statutory pay remains the same as in previous years.
Further information relating to the new payroll year can be found here: https://www.gov.uk/guidance/rates-and-thresholds-for-employers-2020-to-2021