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Redundancy Pay Calculator

Calculate your statutory redundancy pay entitlement based on your age, length of service, and weekly pay. You must have worked for your employer for at least 2 continuous years to qualify.

Weekly pay is capped at £643/week (2024/25 rate — reviewed annually). If you earn more than this, the cap applies.

Your Statutory Redundancy Pay

Statutory redundancy pay up to £30,000 is tax-free. Your employer may offer an enhanced package above the statutory minimum — check your employment contract.

How It's Calculated

For each complete year of service (max 20 years):
• Age under 22: ½ week's pay per year
• Age 22–40: 1 week's pay per year
• Age 41 or over: 1½ weeks' pay per year
Weekly pay is capped at £643. Maximum total statutory pay: £19,290.
Don't forget: As well as redundancy pay, you're entitled to your notice period (or pay in lieu), any untaken holiday pay, and potentially other contractual benefits. See our Redundancy Rights Guide for the full picture.

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