Ireland Redundancy Calculator
Irish statutory redundancy is two weeks' pay for each year of service plus one bonus week, with weekly pay capped at €600. See your tax-free lump sum.
How to use it
- Enter your years of service. Full years of continuous service - you need at least two to qualify.
- Add your weekly pay. Gross weekly pay; the statutory calculation caps it at €600 per week.
- See your lump sum. PayGlance applies two weeks per year plus the bonus week and shows the tax-free total.
FAQs
How is Irish statutory redundancy calculated?
Two weeks' normal weekly pay for each year of continuous service, plus one additional bonus week. Weekly pay is capped at €600 (€31,200 a year). You need at least two years' continuous service, aged 16 or over.
Is the redundancy lump sum taxed?
The statutory redundancy lump sum is exempt from income tax, USC and PRSI. Any ex-gratia amount above the statutory figure may be taxable, subject to separate reliefs.
What if my employer pays more?
This is the statutory minimum. An employer or a collective agreement can pay more; enhanced amounts above the statutory lump sum are treated differently for tax.