|Statutory Maternity Pay||PAYROLL|
An updated employer guide has been published for employers who are paying Statutory Maternity Pay (SMP) for employees.
In order to calculate an employee’s SMP the following information is required:
An employee’s entitlement to SMP also depends on their Average Weekly Earnings
(AWE) in the ‘relevant period’. The AWE must include all earnings on which Class 1 NICs are due, or would be due if they were high enough. The relevant period is usually the 8 week period preceding the 15th week before the baby is due, known as the qualifying week. The AWE is currently £112.
SMP is a weekly payment made over a 39 week period. The SMP is payable at
February 27th, 2017