Calculate Your Redundancy Pay
£
Your Redundancy Entitlement
Total Redundancy Pay
£0
First £30,000 is tax-free
Statutory Pay£0
Enhanced Top-Up£0
Tax-Free Amount£0
Taxable Amount£0
Weeks Entitlement0
Understanding UK Statutory Redundancy Pay
If you are made redundant in the UK and have worked for your employer for at least 2 years, you are legally entitled to statutory redundancy pay. The amount depends on three factors: your age, your length of service (up to a maximum of 20 years), and your weekly pay (capped at £751 per week for 2026/27).
The first £30,000 of any redundancy payment is completely tax-free, regardless of whether it is statutory or enhanced. Any amount above £30,000 is taxed as normal income.
Example Redundancy Payments
| Age | Service (years) | Weekly Pay | Statutory Pay |
|---|---|---|---|
| 25 | 3 | £400 | £1,200 |
| 30 | 5 | £500 | £2,500 |
| 35 | 10 | £600 | £6,000 |
| 45 | 15 | £751 | £13,503 |
| 50 | 20 | £751 | £19,290 |
| 55 | 20 | £751 | £19,290 |
Frequently Asked Questions
How much redundancy pay am I entitled to? ▼
It depends on your age, years of service and weekly pay. You receive half a week's pay per year under age 22, one week's pay per year aged 22–40, and one and a half week's pay per year aged 41 or over. Service is capped at 20 years and weekly pay at £751.
Is redundancy pay taxable? ▼
The first £30,000 of any redundancy payment is completely tax-free. Any amount above £30,000 is subject to Income Tax at your marginal rate, but not National Insurance.
Do I qualify for redundancy pay? ▼
You qualify if you are an employee who has worked for your employer continuously for at least 2 years. Workers, agency workers, and self-employed people do not qualify for statutory redundancy pay.
All figures are estimates based on 2026/27 rates. Always consult a financial adviser or employment lawyer for personalised advice.