|“Your service has been first class.”
Mr R H – London SW22
|Current rates and thresholds|
Thresholds for paying Tax and NI and statutory payments such as statutory sick pay and statutory maternity pay change at least once every tax year. Stafftax makes sure you are kept up to date with the latest rates.
Current tax thresholds
Statutory Sick Pay (SSP)
NB. From 6 April 2014 recovery of SSP has been abolished. For a limited period you may be able to recover SSP for previous tax years. Stafftax clients are advised to call our offices for assistance if affected by the changes to SSP.
Statutory Paternity Pay (SPP)
The current rate of SAP is £138.18 gross per week.
Redundancy pay entitlement
National Minimum Wage (NMW), effective from 1 October 2014
Offset allowance per 7-day week: £34.37 (effective from 1 October 2013)
Student Loan Recovery
*providing your employee is on a standard tax code
These rates are effective from 6 April 2014. The rates will be updated as and when they become available.
|Statutory Sick Pay (SSP)|
When your employee is off sick for longer than three days you have the responsibility as their employer to administer Statutory Sick Pay (SSP) on their behalf.
|Basic document checks|
According to the Asylum and Immigration Act 2006 all UK employers have a legal duty to make basic document checks on each person they intend to employ in order to establish that they have a right to work in the UK and are here legally.