Did you know that small employers can usually reclaim 92% of employees’ Statutory Maternity Pay (SMP), Paternity Pay, Adoption Pay, Parental Bereavement Leave, Shared Parental Pay and Neonatal Care Pay (which is new from 6th April 2025)? Well, this increases on 6th April 2025.
You can reclaim 103% if your business qualifies for Small Employers’ Relief, but this will increase up to 108.5% from 6th April 2025. You get this if your company paid £45,000 or less in Class 1 National Insurance in the last complete tax year before:
- the ‘qualifying week’ of Statutory Maternity Pay – the 15th week (Sunday to Saturday) before the week of the due date
- the ‘matching week’ – the week (Sunday to Saturday) your employee was told they’d been matched with a child by the adoption agency
- the date on the official notification if your employee is adopting a child from another country.
You can find the details of how to reclaim Statutory Maternity Pay and other family pay here.