HC Deb 29 July 1997 vol 299 c248W
Mr. Pond

To ask the Secretary of State for Social Security if she will estimate the effect on Government revenues in a full year of a 1 per cent. change in the employers' standard recovery rate for statutory maternity pay. [8200]

Mr. Denham

We aim to help women balance their careers and family responsibilities; to support employers, particularly small businesses, in their administration of the statutory maternity pay scheme; and to ensure value for taxpayers' money.

The standard recovery rate of SMP for large employers is 92 per cent. It is estimated that a 1 per cent. adjustment in the standard rate would lead to a change in Government revenues of £5 million in 1998–99. Small businesses are able to recover SMP costs in full.