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Alphabet Soup for Employers: SSP, SMP, SHPP, and More
For Finances Sake (FFS)
7 minutes 57 seconds
3 months ago
Alphabet Soup for Employers: SSP, SMP, SHPP, and More
Statutory pay.
Yes, that glorious alphabet soup: SSP, SMP, SPP, SHPP, SAP. Confused already? You're not alone.
Whether you're an employer trying to stay on the right side of HMRC, or an employee wondering what you're actually entitled to, this episode is for you.
Rachael is joined by fellow director and payroll expert Christopher Harrison, and together they are cutting through the red tape to help you avoid costly mistakes, unexpected payroll headaches, and those dreaded compliance letters from HMRC.
So if you’ve ever asked, “Do I really have to pay for that?” or “Can I reclaim this from HMRC?” grab a notebook, because we’re breaking down the Big Five types of statutory pay, the most common traps employers fall into, and how to get it right without losing your mind or your money.