Some useful rates

Weekly Benefit 2017/18 2016/17
Basic Retirement Pension
Single person £122.30 £119.30
Couple £195.60 £190.80
Pension Credit standard minimum guarantee
Single person £159.35 £155.60
Couple £243.25 £237.55
New State Pension
Single person £159.55 £155.65
Child Benefit
First eligible child £20.70 £20.70
Each subsequent child £13.70 £13.70
Statutory Sick Pay (SSP)
Average weekly earnings £113 or over (2016/17 £112) £89.35 £88.45
Statutory Maternity Pay (SMP)
90% of average weekly pay First 6 weeks
Lower of £140.98 (2016/17 £139.58) or 90% average weekly earnings Next 33 weeks
Minimum rate £101.70 £100.80
Statutory Adoption Pay (SAP)
Lower of £140.98 (2016/17 £139.58) or 90% average weekly earnings 39 weeks
Statutory Paternity Pay (SPP)
Lower of £140.98 (2016/17 £139.58) or 90% average weekly earnings 2 weeks
Shared Parental Pay
Lower of £140.98 (2016/17 £139.58) or 90% average weekly earnings Up to 37 weeks, depending on mother's unused SMP period
Jobseeker's Allowance
Single person (25 or over) £73.10 £73.10
Couple (both 18 or over) £114.85 £114.85

National Living Wage

Age From 1 April 2017 From 1 April 2016
25 and over £7.50 £7.20

National Minimum Wage

Age From 1 April 2017 From 1 Oct 2016
21 - 24 £7.05 £6.95
18 - 20 £5.60 £5.55
16 and 17 £4.05 £4.00
Apprentices* £3.50 £3.40

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

Universal Credit (monthly rates) 2017/18 2016/17
Single person (25 or over) £317.82 £317.82
Couple (where one or both 25 or over) £498.89 £498.89

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Davis Bonley, Northside House, Mount Pleasant, Barnet, Hertfordshire EN4 9EE , Davis Bonley is a trading name of Davis Bonley Limited, Northside House, Mount Pleasant, Barnet, Herts EN4 9EE. Company registration number 08989322. Regulated as auditors and regulated for a range of investment business activities by the Association of Chartered Certified Accountants. Awarded approved employer status for Association of Chartered Certified Accountants trainee and practising certificate development.

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