Shared Parental Pay: Admin
Statutory shared parental pay (ShPP) is available in the period from a child’s birth (or placement for adoption) until the day before their first birthday (or the day before the first anniversary of their adoption placement). ShPP can start on any day of the week, but must be taken in multiples of one week. ShPP is paid at the lower of either a prescribed rate set by the government each year or 90% of an employee’s normal weekly earnings. Depending on the size of your business you will be able to recover most or all ShPP from HMRC. You must keep certain records relating to ShPP for three years.
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