Home 5 Employment & Payroll 5 Statutory Pay assistance

Statutory Pay assistance

6 June 2024

An employer can usually reclaim 92% of employees’ Statutory Maternity, Statutory Paternity, Statutory Adoption, Statutory Parental Bereavement and Statutory Shared Parental Pay.

Employers typically reclaim 92% of employees’ statutory payments. These include Maternity, Paternity, Adoption, Parental Bereavement, and Shared Parental Pay. If the business is eligible for Small Employers’ relief, they can reclaim up to 103%. Read on to find out more about statutory pay assistance available.

Small Employers’ relief applies if the business’s Class 1 National Insurance payments were £45,000 or less in the last complete tax year. This calculation excludes any reductions like Employment Allowance. The relevant time periods are:

  • The ‘qualifying week’ – the 15th week before the due date.
  • The ‘matching week’ – when the adoption agency matched your employee with a child.
  • The date on the official notification for international adoptions.
  • The ‘qualifying week’ – the week before the child’s death or stillbirth for Parental Bereavement Pay.

Employers usually claim statutory pay assistance on the Employer Payment Summary (EPS) submitted to HMRC. If you can’t offset the payments against the current year’s liabilities, you can write to the PAYE Employer Office for a repayment. However, you can only do this at the start of the next tax year.

If you can’t afford to make statutory payments, you can apply for an advance payment from HMRC.

Source: HM Revenue & Customs Tue, 04 Jun 2024 00:00:00 +0100

You may also like these

Here are some more articles that might interest you

Expert Advice

If you’d like more information on anything you’ve read, we’re here and happy to help