1. What Is Statutory Paternity Pay?

Statutory Paternity Pay (SPP) is a UK government payment for employed fathers or partners taking time off work to care for a new baby or support the mother. It's paid by employers and follows HMRC regulations.

2. How Does The Calculator Work?

The calculator uses the HMRC SPP formula:

Where:

• \( SPP \) — Statutory Paternity Pay (GBP/week)
• \( AWE \) — Average Weekly Earnings (GBP/week)
• 187.18 — Maximum SPP rate (2023/2024 tax year)
• 0.9 — 90% of average weekly earnings

Explanation: SPP is paid at 90% of your average weekly earnings, with a maximum cap of £187.18 per week (current rate).

3. Eligibility Criteria

Details: To qualify for SPP, you must be an employee, have been continuously employed for at least 26 weeks by the 15th week before the baby is due, earn at least £123 per week (2023/2024), and give correct notice to your employer.

4. Using The Calculator

Tips: Enter your average weekly earnings in GBP. The calculator will determine your weekly SPP amount based on HMRC regulations.

5. Frequently Asked Questions (FAQ)

Q1: How long can I receive SPP?
A: You can choose to take either 1 or 2 consecutive weeks of paternity leave, paid at the SPP rate.

Q2: When should I claim SPP?
A: You must tell your employer you want to take paternity leave by the 15th week before the baby is due, or as soon as possible if that's not possible.

Q3: Is SPP taxable?
A: Yes, SPP is subject to normal tax and National Insurance deductions like your regular salary.

Q4: What if I'm self-employed?
A: Self-employed individuals are not eligible for SPP but may qualify for other benefits. Contact HMRC for alternative support options.

Q5: How often are SPP rates updated?
A: SPP rates are typically updated each tax year (starting April 6th). Check the latest rates on the official GOV.UK website.