Statutary payments

[Mustang]

Thanks - you are right! I have since done a search on the HMRC website and they say 92% is re-claimable from the Government. I wonder if this applies to Director's - doesn't seem to give an indication.

[Xtrain]

Statutory pay

Maternity, paternity & sick pay are all paid by the company. Most of maternity & paternity can be claimed back (about 90%) so the company loses out on 10% plus the employers ni if that applies.

On sick pay I think you can claim back but the rules are tight so more often than not the companys ends up stumping up.

The above comes from my girlfriend so don't quote me on it.

[Mustang]

How do statutary payments work?

Things like paternity pay, student loans, etc - are they paid by a Company and then claimed by the Company from the Government? Or are they simply a cost that a Company must pay to an employee because the government has decreed it?