Redundancy Pay Calculator
Work out your statutory redundancy pay from your age, full years of service and weekly pay.
How to use it
- Enter your age and service. Add your age when you leave and your full years of service.
- Add your weekly pay. Use your gross weekly pay; statutory pay caps the weekly figure at ยฃ751.
- See your entitlement. PayGlance applies the half/one/one-and-a-half week bands by age.
FAQs
How is statutory redundancy pay calculated?
Half a week's pay for each year worked under 22, one week for ages 22โ40, and one-and-a-half weeks for 41+, up to 20 years, with weekly pay capped at ยฃ751 (2026/27).
Is redundancy pay taxed?
Statutory redundancy is tax-free. Total redundancy packages are tax-free up to ยฃ30,000; pay in lieu of notice is usually taxable.
Do I qualify?
You generally need at least two full years of continuous service.