Matravers - The accountancy & business advice people
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Some Useful Rates

 
Weekly Benefit
 
2016/17
2015/16
Basic Retirement Pension
 
 
Single person
£119.30
£115.95
Couple
£190.80
£185.45
Pension Credit standard minimum guarantee
 
 
Single person
£155.60
£151.20
Couple
£237.55
£230.85
New State Pension
£155.65
N/a 
Child Benefit
 
 
First eligible child
£20.70
£20.70
Each subsequent child
£13.70
£13.70
Statutory Sick Pay (SSP)
 
 
Average weekly earnings £112 or over (2015/16 £112)
£88.45
£88.45
Statutory Maternity Pay (SMP)
 
 
90% of average weekly pay
First 6 weeks
 
Lower of £139.58 (2015/16 £139.58) or 90% average weekly earnings
Next 33 weeks
 
Minimum rate
£100.80
£100.80
Statutory Adoption Pay (SAP)    
Minimum rate**
£100.80
£100.80
Statutory Paternity Pay (SPP)****    
Minimum rate***
£100.80
£100.80
Jobseeker's Allowance
 
 
Single person (25 or over)
£73.10
£73.10
Couple (both 18 or over)
£114.85
£114.85
* 90% of average weekly pay for first 6 weeks, lower of £139.58 (2015/16 £139.58) or 90% average weekly earnings for next 33 weeks
** Lower of £139.58 (2015/16 £139.58) or 90% average weekly earnings for 39 weeks
*** Lower of £139.58 (2015/16 £139.58) or 90% average weekly earnings for 2 weeks
**** Additional statutory paternity pay (ASPP) has been replaced by Shared Parental Leave.
National Living Wage  From 1 April 2016
Age 25 and over
£7.20
 
National Minimum Wage  From 1 October 2016 From 1 October 2015
21 -24
£6.95
£6.70
18 - 20
£5.55
£5.30
16 and 17
£4.00
£3.87
Apprentices *
£3.40
£3.30

* Rate applies to apprentices under 19, or those 19 and over in the first year of apprenticeship.

Universal Credit (monthly rates)
2016/17
2015/16
Single person (25 or over)
£317.82
£317.82
Couple (where one or both 25 or over)
£498.89
£498.89