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单词 statutory sick pay
释义

statutory sick pay

statutory sick pay(SSP) A compulsory scheme operated by an employer. Payments are made to an employee for up to 28 weeks of absence as a result of sickness. There are two rates of statutory sick pay, the applicable level being determined by the employee’s earnings. The two qualifying conditions for SSP are:

there must be a period of incapacity for work;
there must be one or more qualifying days.

The first three days do not count and so it is only on the fourth consecutive day that an entitlement to SSP begins.

stealth tax(hidden tax) A tax, the incidence of which may be hidden from the person who is suffering it. An example could be a tax levied on goods at the wholesale level, which increases the retail price in such a way that the final customer cannot detect either that it has happened or the amount of the extra cost. The term is also applied to various mechanisms by which the government can increase the tax paid by individuals without raising tax rates, notably the abolition or restriction of tax allowances and the adjustment of thresholds.

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更新时间:2024/11/15 2:42:36