Money tools › Redundancy pay

Cap £751 a week from 6 April 2026

Redundancy Pay Calculator

Work out the statutory redundancy pay you're entitled to by law.

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Statutory redundancy pay
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The legal minimum only, not legal advice. Check gov.uk or Acas.

Frequently asked questions

Who gets statutory redundancy pay?

Employees with at least 2 years' continuous service who are made redundant. You get half a week's pay for each full year you were under 22, one week's pay for each year aged 22 to 40, and one and a half weeks' pay for each year aged 41 or older.

Is there a maximum?

Yes. Weekly pay is capped at £751 in England, Scotland and Wales (£783 in Northern Ireland) from 6 April 2026, and only your last 20 years count. The most anyone can get is £22,530 (£23,490 in NI).

Is redundancy pay taxed?

The first £30,000 of redundancy pay is usually tax-free. Statutory redundancy pay is always under this limit. Notice pay and holiday pay are taxed as normal.

Can my employer pay more?

Yes. Many employers pay enhanced redundancy under your contract. This calculator only shows the legal minimum.

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