Redundancy Pay Calculator
Work out the statutory redundancy pay you are owed from your weekly pay, age and complete years of service. The 2026/27 weekly pay cap is £751 and the maximum award is £22,530.
Your details
Use complete years only. Only the most recent 20 years count, and you normally need at least 2 years' service.
Age-band breakdown
| Age during that year | Years | Weeks owed |
|---|
How statutory redundancy pay works
- 0.5 week for each complete year of service while you were under 22.
- 1 week for each complete year aged 22 to 40.
- 1.5 weeks for each complete year aged 41 or over.
- Weekly pay is capped at £751 for the 2026/27 scheme, and only the most recent 20 years count.
- You need 2 years' continuous service to qualify for the statutory minimum.
- The maximum statutory award is £22,530.
What else might you be owed?
- Notice pay — either work your notice or receive pay in lieu; this is taxable.
- Untaken holiday pay — accrued statutory holiday is paid out and is taxable.
- Contractual redundancy pay — your employer's scheme may be more generous than the statutory minimum.
- Tax treatment — statutory redundancy pay is normally tax-free; termination payments above £30,000 are taxable.
This calculator covers the statutory minimum only. It does not include notice, holiday pay, unpaid wages or any enhanced company scheme.
Frequently asked questions
How is statutory redundancy pay calculated?
You get 0.5 week's pay for each full year under 22, 1 week for each year aged 22 to 40, and 1.5 weeks for each year aged 41 or over. Weekly pay is capped at £751 and only the most recent 20 years count.
Is redundancy pay tax-free?
Statutory redundancy pay is normally tax-free. Termination payments up to £30,000 can be tax-free, but notice pay and holiday pay are taxable.
Do I need two years' service?
Yes. You normally need at least two years' continuous service to qualify for statutory redundancy pay.