Free tool · rates from 6 April 2026
Redundancy pay calculator
Statutory redundancy pay for dismissals on or after 6 April 2026. Weekly pay is capped at £751 and the maximum payment is £22,530.
Two years' service is the entry point. Statutory redundancy pay needs at least two complete years of continuous service. Notice pay, accrued holiday and anything the contract adds sit on top of the figure above.
Redundancy is about the role, not the person. If the work is still there and someone else will be doing it, it is probably not a redundancy, and calling it one does not make the dismissal safe. From January 2027 the cost of getting this wrong rises sharply.
How it is worked out
For each complete year of service, counting back from the dismissal date and capped at twenty years: one and a half weeks' pay for each year worked at age 41 or over, one week for each year at 22 to 40, and half a week for each year under 22. Weekly pay is capped at £751 for dismissals on or after 6 April 2026, which makes the maximum possible payment £22,530. Statutory redundancy pay is free of tax.
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