07/08/2026
Did you know employers can apply for Advance Funding for Statutory Maternity Pay (SMP)?
If your business doesn't have enough PAYE and National Insurance deductions to cover Statutory Maternity Pay, you may be able to apply to HMRC for advance funding before payments are due.
However, while the funding is available, it's important to plan ahead. In practice, applications and payments can sometimes take longer than expected. In some cases, we've seen payments take as long as 15 months to come through, so it's sensible for both businesses and employees to avoid relying on the funding arriving immediately. Having a financial contingency in place is recommended to help reduce stress during maternity leave.
If you're an employer preparing for an employee's maternity leave, or you're a company director planning your own leave, speaking to an accountant early can help ensure everything is in place well before payments are due.