April 2023 increases to statutory maternity, paternity, adoption, parental bereavement and sick pay announced

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

Written by Steven Mather, a business solicitor acting on company sales and purchases. This is general information about the law, not legal advice on your situation.

April 2023 increases to statutory maternity, paternity, adoption, parental bereavement and sick pay announced

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