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Summer 2003 Newsletter

 

Content

What cash says about you
Schedule E is dead
Flat Rate Scheme
Business in the house
TIGER, TIGER, burning bright
Buyer beware
A question of interest
Is it a car? Is it a heap?
Retire to a safe distance
Paternity leave
Off the back of a lorry?
Partners in crime
You can't have it both ways
Two's company
Options Open
Tax credit chaos
Congestion Charging
Landlord's delight
Stamp Duty splits
Another PAYE year
IR35 strikes again
Simpler by the year
Ain't necessarily so
Elementary deductions
New rules for goods
Sell low, buy high?
Pension problems

 

Paternity leave

From April 6, fathers became entitled to paid paternity leave. If you are an employer, you should know who is entitled and what they are entitled to. A male employee can claim paIllustrationternity leave if he has worked for the employer continuously for 26 weeks up to the 15th week before the baby is due to be born. The baby must be born on or after April 6 2003. The paid leave is 2 weeks to be taken within 56 days of childbirth, and the statutory paternity pay is £100 a week, or 90% of average weekly earnings if earnings are less than £100.


Of course, you can be more generous than the law requires, but that is now the minimum that a new father is entitled to.

Details on paternity leave can be found on the TIGER website described in a previous item.

 

 
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