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Statutory Payment Rates - Statutory Sick Pay rate for 2008/09
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13 December 2007
From 6 April 2008, the 2007/08 weekly SSP rate of £72.55 is increased by 3.948% and rounded down to £75.40 (subject to parliamentary approval). Because the weekly rate has to be divided by 2, 3, 4, 5, 6 or 7, depending on the number of qualifying days in a week for an employee, it is not possible to give most daily rates as whole number values. The Table below shows the unrounded daily rate in each case. To calculate the rate for a number of days, the unrounded rate is multiplied by the number of days and rounded up to a whole penny.
| Unrounded daily rates
| Number of QDs in week
| 1
| 2
| 3
| 4
| 5
| 6
| 7
|
| £
|
| £
| £
| £
| £
| £
| £
| £
|
| 10.7714
| 7
| 10.78
| 21.55
| 32.32
| 43.09
| 53.86
| 64.63
| 75.40
|
| 12.5667
| 6
| 12.57
| 25.14
| 37.70
| 50.27
| 62.84
| 75.40
|
|
| 15.0800
| 5
| 15.08
| 30.16
| 45.24
| 60.32
| 75.40
|
|
|
| 18.8500
| 4
| 18.85
| 37.70
| 56.55
| 75.40
|
|
|
|
| 25.1333
| 3
| 25.14
| 50.27
| 75.40
|
|
|
|
|
| 37.7000
| 2
| 37.70
| 75.40
|
|
|
|
|
|
| 75.4000
| 1
| 75.40
|
|
|
|
|
|
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Among the qualifying conditions for SSP is the requirement that the employee's average earnings over the eight-week relevant period be at least equal to the National Insurance Lower Earnings Limit. This is £90 per week from 6 April 2008. There is no requirement for employees to have paid Class 1 NICs.
...UK Payroll News - Latest
Source:
Statutory Payment Rates for 2008 - 2009
Proposed Benefit Rates 2008/09
The UK Payroll News is sponsored by HRD & Payroll Solutions
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