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BLOG COMPANY TAXES, EXPENSES & RATES PAYROLL & PENSIONS

Statutory Pay Rates from April 2023

The UK Government has published the proposed statutory rates for maternity pay, paternity pay, shared parental pay, adoption pay, parental bereavement pay, and sick pay from April 2023. 

The rates normally increase each April in line with the consumer price index (CPI) and the increase normally occurs on the first Sunday in April, which in 2023 is 2 April.

See: Benefit and pension rates 2023 to 2024 - GOV.UK (www.gov.uk)
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