April 2023 increases to national minimum wage and statutory benefits

12th December 2022

The Department for Work and Pensions has published its proposed increases to several statutory benefit payments, including statutory sick pay & statutory maternity pay.  The new rates represent an increase of 10.1% on the rates applicable for 2022/2023.

The following rates will apply from 10 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 national minimum wage rates that will apply from 1 April 2023 were announced in the Autumn Statement.  The annual increases are as follows:

  • 23+ – £10.42 (previously £9.50)
  • 21-22 – £10.18 (previously £9.18)
  • 18-20 – £7.49 (previously £6.83)
  • 16-17 – £5.28 (previously £4.81)
  • Apprentices – £5.28 (previously £4.81)

Use our downloadable pay rate table for your office – click here.

If you need advice on minimum pay rates, please get in touch with the employment team at employment@schofieldsweeney.co.uk.

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