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The UK government has published updated rates for statutory pay entitlements, effective from April 2025. Here’s what you need to know:
Maternity, Paternity, Adoption, Shared Parental, and Parental Bereavement Pay: Increased to £187.18 per week (up from £184.03).
Statutory Sick Pay (SSP): Raised to £118.75 per week (up from £116.75).
Earnings Thresholds: For SMP, SPP, SAP, SSPP, and SPBP, the threshold will rise to £125 per week (from £123). The threshold for Maternity Allowance remains at £30 per week.
These updates ensure statutory payments keep pace with inflation and support employees during crucial life events. Businesses should prepare to implement the changes in payroll systems.
Please get in touch if you have any questions regarding the issues discussed in this article.
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