The Department for Work and Pensions (DWP) has published its proposed increases to several statutory benefit payments. The following rates will apply from April 2023:
- The weekly rate of statutory sick pay (SSP) will be £109.40 (up from £99.35).
- The weekly rate of statutory maternity pay (SMP) and maternity allowance will be £172.48 (up from £156.66).
- The weekly rate of statutory paternity pay (SPP) will be £172.48 (up from £156.66).
- The weekly rate of statutory shared parental pay (ShPP) will be £172.48 (up from £156.66).
- The weekly rate of statutory adoption pay (SAP) will be £172.48 (up from £156.66).
- The weekly rate of statutory parental bereavement pay (SPBP) will be £172.48 (up from £156.66).
The new rates, which represent an increase of 10.1% on the rates applicable for 2022/2023, are due to come into effect on 10 April 2023. The national minimum wage rates that will apply from 1 April 2023 were announced in the Autumn Statement