NEWS

Social Security Benefits

November 1, 2021


Social Security Benefits



NEWS

Social Security Benefits


2022/23 social security rates not yet published. These are the rates as at 27/10/21. Weekly rates and taxable unless stated otherwise.

Employment and Support Allowance (contribution-based taxable)

13-week assessment phase

Aged under 25:                                 up to £59.20

Aged 25 or over:                up to £74.70

From week 14 after Work Capability Assessment if eligible

In Work Related Activity Group

up to £104.40

In Support Group

up to £114.10

Bereavement Support Payments (non-taxable) – initial and for 18 months

Higher rate:* £3,500 lump sum

£350 monthly

Standard rate: £2,500 lump sum

£100 monthly

*If entitled to or claiming Child Benefit or pregnant at partner’s death

Statutory Pay Rates
Based on minimum average earnings of at least £120
 pw:

Statutory Sick Pay

                                     £96.35 standard rate

Statutory Maternity Pay/Statutory Adoption Pay

First 6 weeks:  90% of average weekly pay                            

Next 33 weeks:  90% average weekly pay up to £151.97

Statutory Paternity Pay

90% of average weekly pay up to £151.97

Shared Parental Pay

Up to 37 weeks: 90% of average weekly pay up to £151.97

Child Benefit (see ‘Income Tax – High Income Child Benefit Charge’)

Child benefit, first or only child

£21.15

Child benefit, each subsequent child

£14.00

National Living/National Minimum Wage (hourly) 1/4/22 – 31/3/23

Aged 23 and over – National Living Wage

£9.50

Age 21–22 – National Minimum Wage

£9.18

Aged 18–20 – National Minimum Wage

£6.83

Aged under 18 – National Minimum Wage

£4.81

Apprentice – National Minimum Wage

£4.81

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PLEASE NOTE: By the very nature of this type of information the details of tax law might have changed since they were published, so contact your Barnes Roffe partner before acting on any matter contained in these documents.