Statutory sick pay
STATUTORY SICK PAY – ABOLITION OF THE PERCENTAGE THRESHHOLD SCHEME
The Percentage Threshold Scheme (PTS), which allowed employers to reclaim Statutory Sick Pay (SSP) in certain circumstances, is abolished from 6th April 2014.
Under PTS employers could reclaim SSP where the SSP paid was more than 13% of the Class 1 National Insurance Contributions due for the month. As of 6th April 2014, it is no longer possible for employers to recover SSP from the government. Employers will, however, continue to be able to recover unclaimed SSP for previous years for a limited period and so should seek advice from an accountant if they believe this applies.
The reason for this change is that it was believed that the PTS gave employers an incentive not to encourage long term sick employees to return to the workplace.
The government has announced that the current PTS funding will be put towards the new Health & Work Service instead. This scheme is due to start in 2015 and is intended to help employees and employers put together plans to facilitate a return to work for employees who have been incapacitated for four weeks.
This article was written by --Martinc 12:20, 11 April 2014 (BST)
Featured articles and news
How Lidl has been actively working to reinforce their brand through sustainability.
Association of British Insurers describe full-scale cladding tests as 'utterly inadequate'.
This article examines the changing policy commitments and evolving definitions of the zero carbon home.
Researchers believe they may have created a 'game-changing' new form of concrete using graphene.
Grouting refers to the injection of materials into a soil or rock formation to change its physical characteristics.
Part of Designing Buildings Wiki, BREEAM Wiki will advance knowledge sharing for the BRE family of sustainability tools.
Iron, glass and wood underfoot
From the decorative to the utilitarian, and from the photographed to the forgotten.
New BRE book considers the progression from project-based knowledge creation to whole-life urban knowledge management.
This CIOB article explores the concept of value in building design and construction.
Rogers Stirk Harbour + Partners' release new images of soon-to-open 3WTC tower in New York.
A document can be called a bond or a guarantee. Does the name matter and what is the difference between them?
New briefing note is launched focusing on increasing knowledge of housing that promotes health and wellbeing.