Taxi Driver Online

not talking about pensions mate

Sick Pay

contributions by S/E never count to SSP

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Of all the things ive lost, i miss my mind the most

I never got paid sick pay by the government all the time I was self employed, but I would recommend anyone who had to reduce their hours and obviously their wage, look into going down the route of claiming working tax credits.
Next, as I am sure you all know, if your partner is doing the books for you and they don't work, you can pay them up to £11,000 plus per year without them having to pay tax, but make sure they pay a self employed stamp as these contributions will be important under the new pension rules. Anyone who hasn't paid enough stamps towards their pension needs to look into paying the years that are missed. You can pay up to 6 - 10 years back payments. You also have the option of not claiming your pension at 65 or the new date of your official retirement which will mean that when you do claim your pension will increase roughly by £5 per week for each year you do not claim.

Example - 65 years of age, working part-time, claiming working tax credits could possibly give you more than your pension, but by not claiming your pension will increase it in the end.

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Justice for the 96. It has only taken 27 years...........repeat the same lies for 27 years and the truth sounds strange to people!

assuming you live long enough past the extended working age to recoup 40+ years contributions...

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Of all the things ive lost, i miss my mind the most

I get mine in feb 2020, wife not till 2028

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Of all the things ive lost, i miss my mind the most

Statutory Sick Pay is paid by an *employer* to an *employee* when they're to ill to work, so it stands to reason that SSP can't be paid to someone who's self-employed.

(In fact I don't think anyone's really disagreeing here - just a bit of confusion caused by terms state pension and statutory sick pay and related abbreviations SP/SSP)

That is what confused me. Roy mentioned state pension and sick pay. Wanna used the abreviation SP which I took to mean state pension.
Statutary sick pay, as mentioned, is paid by the employer to an employee. The employer can't claim any of it back from the government any more.

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Grandad,

Confusion like that has never happened on the internet before

SSP (statutory sick pay) is paid by an employer and is deducted from the tax/NIC collected from the employees the employer has...hopefully the firm has more employees in work than off sick

So it doesnt need to be claimed back unless the firm is insolvent when the employee can claim ESA

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Of all the things ive lost, i miss my mind the most

Can employer reclaim SSP?
– SSP recovery abolished. The Percentage Threshold Scheme (PTS), which allows employers to reclaim Statutory Sick Pay (SSP) in certain circumstances, was abolished from 6 April 2014. Assuming your business is eligible, you should ensure you claim the Employment Allowance which commenced on 6 April 2014.1 Dec 2014

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Grandad,