SPM180900 - Paying and Recovering - SMP/SAP/SPP/ShPP/SPBP/SNCP: how much advance funding can an employer apply for

Employers must only apply for what they are entitled to recover.

For example if an employer is liable to pay 拢100 SMP, and has 拢50 in tax and NICs to pay, they must only apply for 拢50.

All employers are entitled to recover 92% of the SMP, SPP, SAP, ShPP, SPBP and SNCP they pay, if they qualify for SER they are entitled to recover 100% of the SMP, SPP, SAP, ShPP and SPBP聽they pay plus an additional amount as compensation for NICs.

For compensation rates and the SER threshold, go to 188体育.