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Useful Tax Rates - Basic Pension - Child Benefit - Statutory Sick Pay - Maternity Pay

 
  Weekly Benefit
  2008/09 2007/08
Basic Retirement Pension    
Single person £90.70 £87.30
Couple £145.05 £139.60
Child Benefit    
First eligible child £18.80 £18.10
Each subsequent child £12.55 £12.10
Statutory Sick Pay (SSP)    
Average weekly earnings £90 or over (2007/08 £87) £75.40 £72.55
Statutory Maternity Pay (SMP)    
90% of average weekly pay First 6 weeks First 6 weeks
Maximum £117.18 (2007/08 £112.75). Minimum 90% average weekly pay Next 33 weeks Next 20/33 weeks
Mimimum rate £81 £78.30
Adoption Pay (SAP) 39 weeks 26/39 weeks
Paternity Pay (SPP) 2 weeks 1 week or fortnight
Both SAP and SPP    
90% of average weekly pay Max £117.18
Min £81
Max £112.75
Min £78.30
Example rates:
Jobseekers Allowance    
Single person £60.50 £59.15
Couple £94.95 £92.80
National Minimum Wage From 1 October 2008 From 1 October 2007
  Over 21 £5.73 p.h. £5.52 p.h.
18 - 21 £4.77 p.h. £4.60 p.h.
16 and 17 £3.53 p.h. £3.40 p.h.
 
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Testimonials

Omega came highly recommended to me from a business contact. I thought that accountants were all the same, but after they revolutionised my accounting system, I knew that I would find other users for their talents.

Omega Accountancy now runs my entire accounting function from their office. They provided me with access so that I can check my accounts online. They are always up to date and well presented and informative.

I would say thank you to all of your staff.

Paul Gardener