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Statutory Rates 2023/24

6 April 2023

Compensation Limits

Award Limits
Maximum compensatory award in relation to a claim for unfair dismissal £105,707
Maximum week’s pay for basic award and redundancy payments £643
Automatically unfair dismissal basic award minimum £7,836
Additional award for failure to comply with reinstatement or re-engagement order £16,718 to £33,436
(26 to 52 weeks’ pay)
Failure to provide written statement of terms and conditions (day 1 right) £1,286 or £2,572
(two or four weeks’ pay)
Failure to allow right to be accompanied correctly – maximum award £1,286
Breach of flexible working regulations – maximum award £5,144

Injury to feeling awards in discrimination cases

From 6 April 2023, the Vento bands for calculating injury to feelings awards in discrimination claims for England, Wales, and Scotland* are set at:

  • Lower band £1,100 to £11,200 (less serious cases)
  • Middle band £11,200 to £33,700 (cases not meriting an upper band award)
  • Upper band £33,700 to £56,200 (the most serious cases)

Exceptionally serious cases could exceed the £56,200 cap.
* These bands do not apply in Northern Ireland.

National Living Wage and National Minimum Wage

Category National Minimum Wage
Workers aged under 18 who are no longer of compulsory school age £5.28
Workers aged under 18 who are no longer of compulsory school age £5.28
Workers aged 18-20 £7.49
Workers aged 21 or 22 £10.18
Workers aged 23 and over £10.42

Statutory family-friendly payments

Payment Type Amount
Statutory Maternity Pay (SMP) Paid for 39 weeks
First six weeks – 90% of the employee’s average weekly earnings. Remaining weeks at £172.48 or 90% of earnings if lower.
Statutory Adoption Pay (SAP) Paid for 39 weeks
First six weeks – 90% of the employee’s average weekly earnings. Remaining weeks at £172.48 or 90% of earnings if lower.
Statutory Paternity Pay (SPP) Paid for two weeks at £172.48 or 90% of earnings if lower.
Statutory Shared Parental Leave Pay Paid for up to 37 weeks
£172.48

Statutory Sick Pay

Payment Type Amount
Statutory Sick Pay (SSP) £109.40
To qualify for SSP, employees or workers must be paying Class 1 National Insurance Contributions, be absent because of incapacity for work for four or more days in a row, and receive average weekly earnings of not less than the lower earnings limits within the previous eight weeks

Income Tax (England & Northen Ireland (2023/24)

Tax Band Rate/Amount
Personal Allowance £242 per week
£1,048 per month
£12,570 per year
Basic rate 20% on annual earnings above the PAYE tax threshold and up to £37,700
Higher rate 40% on annual earnings above the PAYE tax threshold from £37,701 to £125,140
Additional rate 45% on annual earnings above the PAYE tax threshold above £125,140
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