Neil Westwood & Co.
Chartered Accountants
Some Useful Rates
Weekly Benefit
2007/08
2006/07
Basic Retirement Pension
Single person
£87.30
£84.25
Married couple
£139.60
£134.75
Child Benefit
First eligible child
£18.10
£17.45
Each subsequent child
£12.10
£11.70
Statutory Sick Pay (SSP)
Average weekly earnings £87 or over (2006/07 £84)
£72.55
£70.05
Statutory Maternity Pay (SMP)
90% of average weekly pay
First 6 weeks
First 6 weeks
Maximum £112.75 (2006/07 £108.85). Minimum 90% average weekly pay
Next 20 weeks
Next 20 weeks
Mimimum rate
£78.30
£75.60
Adoption Pay (SAP)
26 weeks
26 weeks
Paternity Pay (SPP)
1 week or fortnight
1 week or fortnight
Both SAP and SPP
90% of average weekly pay
Max £112.75
Min £78.30
Max £108.85
Min £75.60
Example rates:
Jobseekers Allowance
Single person
£59.15
£57.45
Married couple
£92.80
£90.10
National Minimum Wage
From 1 October 2007
From 1 October 2006
Over 21
£5.52 p.h.
£5.35 p.h.
18 - 21
£4.60 p.h.
£4.45 p.h.
16 and 17
£3.40 p.h.
£3.30 p.h.
Neil Westwood & Co.
101 Dixons Green Road, Dudley
West Midlands, DY2 7DJ