Wrigley Partington

Chartered Accountants & Business Advisors

Selected Rates

Tax and accountancy

Rates applicable for 2020/21

Basic Retirement Pension  £
- Single Person 137.60
New State Pension (from April 2016) 179.60
Pension Credit (standard minimum guarantee)  
- Single Person 159.35
- Couple 243.25
Attendance Allowance (higher) (lower - £60.00) 89.60
Child Benefit (no increase from 1 April 2011) - from 7 January 2013 where one household member earns over £50,000 there is a clawback of 1% of benefit for every £100. No benefit will therefore be due if earnings over £60,000.
- First eligible child 21.15
- Each subsequent child 14.00
Student Loan Deductions
Plan 1 - From 6 April 2021 threshold limit £19,895 (2020/21 limit was £19,390).
Plan 2 - From 6 April 2021 threshold limit £27,295 (2020/21 limit was £26,575) - applies for students starting after 1 September 2012
Statutory Pay Rates
Average weekly pay £120 or over
Sick (SSP)
Standard rate 96.35
Maternity (SMP)
90% of average weekly pay First 6 weeks
Max. £151.97 - Min. 90% average weekly pay Next 33 weeks
Adoption (SAP): 39 weeks
Paternity (SPP): (option for longer if spouse returns to work) one week or fortnight
SAP/SPP - 90% of average weekly pay Max £151.97
Jobseeker Allowance
- Single person (under 25) up to  59.20
- Single person (over 25) up to 74.70
Universal Credit (monthly rates)
- Single person (below 25) 344.00
- Single person (25 and over) 411.51
- Married couple (where one or both are 25 or over) 596.58
 
National Living Wage from 1 April 2021 will be £8.91 for workers aged 23 and older.  
National Minimum Wage      
Age  21 -22 18-20 16-17
From 1 April 2021  £8.36 £6.56 £4.62
*Apprentice rate £4.30 from 1 April 2021   

 

Address

Wrigley Partington Chartered Accountants

Sterling House

501 Middleton Road

Chadderton, Oldham

OL9 9LY