Wrigley Partington

Chartered Accountants & Business Advisors

Selected Rates

Tax and accountancy

Rates applicable for 2019-20

Basic Retirement Pension (2.98% increase) £
- Single Person 129.20
New State Pension (from April 2016) 168.60
Pension Credit (standard minimum guarantee)  
- Single Person 159.35
- Couple 243.25
Attendance Allowance (higher) (lower - £57.30) 85.60
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 20.70
- Each subsequent child 13.70
Student Loan Deductions
Plan 1 - From 6 April 2019 threshold limit £18,935 (2018/19 limit was £18,330).
Plan 2 - From 6 April 2019 threshold limit £25,725 (2018/19 limit was £25,000) - applies for students starting after 1 September 2012
Statutory Pay Rates
Average weekly pay £118 or over
Sick (SSP)
Standard rate 94.25
Maternity (SMP)
90% of average weekly pay First 6 weeks
Max. £148.68 - 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 £148.68
Jobseeker Allowance
- Single person 73.10
- Married couple 114.85
Universal Credit (monthly rates) - being phased in gradually
- Single person (25 and over) 317.82
- Married couple (where one or both are 25 or over) 498.89
 
National Living Wage from 1 April 2019 will be £8.21 (previously £7.83) for workers aged 25 and older.  
National Minimum Wage      
Age  21 -24 18-20 Under 18
From 1 April 2019  £7.70 £6.15 £4.35
From 1 April 2018  £7.38 £5.90 £4.20
*Apprentice rate £3.90 from 1 April 2019  (£3.70 from 1.4.18)  

 

Address

Wrigley Partington Chartered Accountants

Sterling House

501 Middleton Road

Chadderton, Oldham

OL9 9LY