Services

Sectors


Useful Rates

Our Resource Centre provides a summary of some of the essential tax rates, dates and figures for 2012/13.

The Tax Rates Centre are for guidance only and professional advice should be obtained before acting on any information contained as no responsibility can be accepted for loss occasioned as a result of action taken or refrained from in consequence of its contents.

 

 

Weekly Benefit

 

2012/13

2011/12

Basic Retirement Pension

 

 

Single person

£107.45

£102.15

Couple

£171.85

£163.35

Child Benefit

 

 

First eligible child

£20.30

£20.30

Each subsequent child

£13.40

£13.40

Statutory Sick Pay (SSP)

 

 

Average weekly earnings £107 or over (2011/12 £102)

£85.85

£81.60

Statutory Maternity Pay (SMP)

 

 

90% of average weekly pay

First 6 weeks

First 6 weeks

Maximum £135.45 (2011/12 £128.73). Minimum 90% average weekly pay

Next 33 weeks

Next 33 weeks

Minimum rate

£96.30

£91.80

Statutory Adoption Pay (SAP)

39 weeks

39 weeks

Statutory Paternity Pay (SPP)*

2 weeks

2 weeks

Both SAP and SPP

 

 

90% of average weekly pay

Max £135.45
Min £96.30

Max £128.73
Min £91.80

 

Jobseekers Allowance

 

 

Single person

£71.00

£67.50

Couple

£111.45

£105.95

National Minimum Wage**

From 1 October 2012

From 1 October 2011

 

21 and over

£6.19 p.h.

£6.08 p.h.

18 - 20

£4.98 p.h.

£4.98 p.h.

16 and 17

£3.98 p.h.

£3.68 p.h.

Apprentices**

£2.65 p.h.

£2.60 p.h.

* Additional statutory paternity pay (ASPP) may be available on or after 3 April 2011.
**Rate applies to apprentices under 19, or those 19 and over in the first year of apprenticeship.

PLEASE CONTACT US

FOR A FREE INITIAL

CONSULTATION ON

020 8881 8686

info@bachaglobal.com

FOLLOW US ON

Facebook LinkedIn Twitter

 

My status

 

ICAEW

 


Newsletter

    Subscribe to our newsletter. Quarterly you recieve our newletter with all the latest tax and business news, straight to your inbox.


    Name *
    Email *
    Powered byEMF HTML Form

Contact us

+ 44 (0) 20 8881 8686

+ 44 (0) 20 8881 8688

info@bachaglobal.com

bachalondon