3.1.1 PLP - current rate

Introduction

PLP is a taxable payment, based on the rate of the NMW, for a maximum period of 18 weeks.

PLP is payable for each week day (1.1.W.20) in the instalment period (1.1.I.80) at the daily NMW amount. The daily NMW amount is 7.6 times the hourly rate of the NMW.

At 1 July 2020 the current hourly NMW amount is $19.84.

The current daily NMW amount is $150.78 ($19.84 × 7.6, rounded).

The current weekly rate of PLP, derived from the daily NMW amount, is $753.90 ($150.78 × 5).

Where a person's PPL period (1.1.P.200), includes 1 July (the day on which the new NMW order takes effect for PLP), the daily NMW amount is increased on 1 July if it is a week day or, where it is not a week day, from the next following week day.