fbpx
Benefit rates - Egan Roberts Accountants Ribchester Lancashire
accountant lancashire, accountant burnley, accountant preston, accountant clitheroe, accountant blackburn
1996
page-template,page-template-full_width,page-template-full_width-php,page,page-id-1996,page-child,parent-pageid-1925,qode-social-login-1.0,qode-news-1.0.2,qode-quick-links-1.0,ajax_fade,page_not_loaded,,qode_grid_1300,footer_responsive_adv,hide_top_bar_on_mobile_header,qode-theme-ver-17.2,qode-theme-bridge,qode_header_in_grid,wpb-js-composer js-comp-ver-5.4.4,vc_responsive
 

Benefit rates

Helping you from the beginning
Weekly benefits
2018/19 2017/18
Basic Retirement Pension
Single person – old (£6,601.40 p.a.) £126.95 £122.30
Spouse/civil partner – old (£3,926.00 p.a.)  £75.50 £73.30
State pension – new (8,546.20 p.a.)  £164.35  £159.55
Child benefit
First eligible child £20.70 £20.70
Each subsequent child £13.70 £13.70
Guardian’s allowance £17.20 £16.70
Statutory payment rates
Average weekly earnings £116 or over £92.05 £89.35
SMP, SAP, OSPP and ASPP
Weekly earnings threshold £116 £113
SMP/SAP/OSPP/SSPP standard rate £145.18 £140.98
Percentage of payment recoverable 92% 92%
Percentage of payment recoverable (Small Employer’s Relief) 100% 100%
NI compensation recoverable under Small Employer’s Relief 3% 3%
Annual NICs threshold for Small Employer’s Relief £45,000 £45,000
Jobseeker’s allowance (JSA)
Contribution based JSA – Personal rates:
– Under 25 £57.90 £57.90
– 25 or over £73.10 £73.10
Lone parent:
– Under 18 £57.90 £57.90
– 18 or over £73.10 £73.10
Couple:
– Both under 18 £57.90 £57.90
– Both under 18 – higher rate £87.50 £87.50
– One under 18, one under 25 £57.90 £57.90
– One under 18, one 25 and over £73.10 £73.10
– Both 18 or over £114.85 £114.85
– Dependent children £66.90  £66.90
Bereavement Benefit
Lump sum £2,000 £2,000
Bereavement allowance (standard) £117.10 £112.55
Widowed parent’s allowance £117.10 £113.55

To view a full list of benefit rates please click here.