2017/18 Selected Rates

  Information Value
Basic Retirement Pension Single Person £122.30
Couple £195.60
Pension Credit Standard Minimum Guarantee Single Person £159.35
Couple £243.25
New State Pension - £159.55
Child Benefit First eligible child £20.70
Each subsequent child £13.70

 

Statutory Pay qualification – average weekly earnings (AWE) £113 or over.

Sick (SSP) The standard rate is £89.35 per week for up to 28 weeks.

Maternity (SMP), Adoption (SAP) and Paternity (SPP) paid at the lower of £140.98 or 90% of AWE apart from first 6 weeks of SMP and SAP which are paid at 90% of AWE. SMP and SAP are payable for up to 39 weeks. SPP is payable for up to 2 weeks.

Jobseeker’s Allowance Value
Single Person (25 and over) £73.10
Couple (both 18 or over) £114.85

 

Universal Credit (monthly rates)

Allowance Value
Standard allowance for a single person (25 or over) £317.82
Couple's rate (where one or both are 25 or over) £498.89

 

The new Universal Credit is being phased in gradually.

National Living Wage

Age From April 2017
Workers aged 25 and over £7.50

 

National Minimum Range

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

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