Omega Accountancy - London accountants - Bookkeeping - Payroll - Company Formation

About Us Our Services Accounting Services Bookkeeping Services Payroll Services Company Formation Services Taxation Services Company Secretarial Services Offshore Company Formation Starting a Business Selling Your Business VAT Services Business Centre Tax Centre Resources
Latest News : Rescue plan near for Fannie and Freddie      Critics leave Google's Android phone on hold      States feel debt pinch      DSG fails to tempt German rival      Share falls in big companies increase gloom      

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.
 
Email This Page  Print This Page


 
 
Site Search
 

Company Formation Services

Sage Accounting Software

Tax Planning Guide


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