Shared Parental Leave And Pay

The shared parental leave and pay rules offer working parents far greater choices as to how they share the care of their child and take time off work during the first year of their child’s life.

Under the rules, mothers must take at least two compulsory weeks of maternity leave immediately after birth, but after that period, working couples can share up to 50 weeks of shared parental leave and up to 37 weeks of statutory shared parental pay.

New parents can choose to be at home together or go to work at different times and share the care of their child during the important first year after birth.

Posted by Cassey Nixon on

28th October 2019


  • What is Capital Gains Tax incorporation relief?

    If you own a business as a sole trader or in a partnership, a Capital Gain will arise if your business is transferred into a company structure. The gain will be assessed by reference to the market value of the business assets, including goodwill, at the date of transfer. This could give rise to a […]

    Andrea L Richards | Accounts Navigator Associates Limited
  • New £20 note unveiled

    The Governor of the Bank of England, Mark Carney, has unveiled the design of the new £20 note which features the artist JMW Turner. The new note will be launched on 20 February 2020 and will join the current £5 and £10 notes in being printed on polymer, a thin flexible plastic. The new plastic […]

    Andrea L Richards | Accounts Navigator Associates Ltd