This update in the Remedy business advice series looks at the latest statutory payments increases.
Changes to statutory sick pay, maternity pay and other statutory payments will come into force on 6 April 2014.
Statutory sick pay will increase from £86.70 to £87.55 per week. Statutory maternity pay, statutory adoption pay, statutory paternity pay, and additional statutory paternity pay will increase from £136.78 to £138.18 per week.
A full list of all statutory payments can be found here:
http://www.hmrc.gov.uk/payerti/forms-updates/rates-thresholds.htm
