Wrigley Partington

Chartered Accountants & Business Advisors

Selected Rates

Tax and accountancy

Rates applicable for 2017-8

Basic Retirement Pension (2.88% increase) £
- Single Person 122.30
- Couple 195.60
New State Pension (from April 2016) 159.55
Pension Credit (standard minimum guarantee)  
- Single Person 159.35
- Couple 243.25
Attendance Allowance (higher) (lower - £55.65) 83.10
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
- From 6 April 2016 threshold limit £17,495 (2016/17 limit was £17,495).
(For English & welsh students starting after 1 September 2012 the limit is £21,000)
Statutory Pay Rates
Average weekly pay £109 or over
Sick (SSP)
Standard rate 89.35
Maternity (SMP)
90% of average weekly pay First 6 weeks
Max. £140.98 - 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 £140.98
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 6 April 2017 will be £7.50 (previously £7.20) for workers aged 25 and older.  
National Minimum Wage      
Age  21 & Over 18-20 Under 18
From 1 October 2016  £6.95 £5.55 £4.00
From 1 April 2017  £7.05 £5.60 £4.05
*Apprentice rate £3.40 (01.10.16) £3.50 (01.4.17)  

 

Address

Wrigley Partington Chartered Accountants

Sterling House

501 Middleton Road

Chadderton, Oldham

OL9 9LY