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| Weekly benefit | 2011/12 | 2010/11 | |
| Basic retirement pension | - single person | £102.15 | £97.65 |
| - married couple | £163.35 | £156.15 | |
| Statutory pay rates - average weekly earnings £102 (£97) or over | |||
| Statutory Sick Pay | £81.60 | £79.15 | |
| Statutory Maternity Pay | |||
| - First six weeks | 90% of weekly earnings | ||
| - Next 33 weeks | £128.73* | £124.88* | |
| Statutory Paternity Pay - two weeks | £128.73* | £124.88* | |
| Statutory Adoption Pay - 39 weeks | £128.73* | £124.88* | |
| * Or 90% of weekly earnings if lower. | |||
Additional Paternity Pay and Leave may be available for a child due or adoptions matched on or after 3 April 2011.
Research into the income tax paid by city/town lists the top 100 by mean tax and total tax paid, and shows that residents of Esher, Weybridge and Walton on Thames in Surrey, pay the highest average income tax bills in the UK, paying an average of £16,100 in tax per year, £11,702 higher than the UK average of £4,398.
The number of businesses that have requested a National Insurance Contribution holiday plummeted to a new low of 400 in December 2012, down 44% from the 710 applications made in the same month the year before. This is the lowest take up of the scheme since January 2011 – just after the scheme launched – and less than a fifth of the 2,235 applications received at the scheme’s peak in October 2011.
The value of mergers and acquisitions targeting private companies has increased 50% in one year, up by £6.1 billion to £18.2 billion.
Businesses are losing out as HMRC’s internal VAT decision review process appears to be making decisions increasingly in HMRC’s favour,
George Osborne presented his Budget on Wednesday 20 March 2013 and there were few surprises. Amongst the detail there were some announcements which affect the charity and not-for-profit sector, and these have generally been warmly received by sector leaders.
Our Sittingbourne rural and agriculture specialists will be exhibiting at Kent AgriExpo on Wednesday 6 March.
Dundee and Aberdeen saw the UK’s biggest booms in household disposable income – the money a household has left to spend or save after taxes and mortgages or rent – over the last five years, according to our latest research.
