Changing Accountants Business Start Up Advice Frequently Asked Questions
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Selected Rates

Basic Retirement Pension 
£
- Single person
 90.70
- Couple
145.05

 

Pension Credit
£
Standard Minimum Guarantee  
- Single person
 124.05
- Couple
189.35

 

Child Benefit
£
- First eligible child
 18.80
- Each subsequent child  
12.55

 

Statutory Pay qualification - average weekly earnings (AWE) £90 or over.

Sick (SSP) The standard rate is £75.40 per week for up to 28 weeks.

Maternity (SMP), Adoption (SAP) and Paternity (SPP) paid at the lower of £117.18 or 90% of AWE apart from first 6 weeks of SMP which is paid at 90% AWE.

SMP and SAP are payable for up to 39 weeks. SPP is payable for up to 2 weeks.

Jobseekers Allowance
£
- Single person 
60.50
- Couple
94.95

 

National Minimum Wage Age
Age 
Over 21
18-21
16 and 17
From 1 October 2007
£5.52 p.h
£4.60 p.h.
£3.40 p.h
From 1 October 2008
 £5.73 p.h
£4.77 p.h.
£3.53 p.h.

 

 

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