statutoryredundancypay.co.uk
UK statute · 2026/27 rate year · verified 23 June 2026

Statutory redundancy pay calculator

Enter your age, years of service and weekly gross pay. We apply the 6 April 2026 cap of £751 a week and return one £ figure with a line-by-line ladder. Under 15 seconds. No sign-up.

Direct answer

Statutory redundancy pay in the UK is calculated as: 1.5 weeks per year of service at age 41+, 1 week at 22-40, 0.5 week under 22. Weekly pay is capped at £751 from 6 April 2026 (was £719). Service is capped at 20 years. The maximum statutory payment is £22,530. Set out in ERA 1996 s.162 and ERA 1996 s.227.

Age 41 and over · 6 years × 1.5 wk × £720£6,480.00
Age 22 to 40 · 6 years × 1 wk × £720£4,320.00
Total statutory redundancy pay£10,800
Calculated under ERA 1996 s.162 against the 2026-27 weekly cap of £751.Verify the 2026 Order reference at legislation.gov.uk before quoting in formal correspondence.

How the formula works

Three age bands, capped weekly pay, capped at 20 years of service. That is the entire rule, end to end. The age you were during each year of service decides the multiplier. ERA 1996 s.162.

Age-band formula (ERA 1996 s.162)
1.5 wkAge 41 and overEach complete year of service in this band
1.0 wkAge 22 to 40Each complete year of service in this band
0.5 wkUnder age 22Each complete year of service in this band

Who qualifies

You need to be an employee with 2 or more years of continuous service, dismissed by reason of redundancy. Workers, self-employed and most agency staff do not qualify. ERA 1996 s.155.

If you have been there less than 2 years, you get nothing. There is no discretion. If you are unsure, run the 8-question eligibility checker.

Tax in one paragraph

Statutory redundancy pay is income-tax-free and NIC-free. Any package over £30,000 (statutory plus enhanced plus ex-gratia, combined) is taxed as earnings above that point. Notice pay and PILON sit outside the £30k slice. ITEPA 2003 s.401. For a worked example, open the after-tax calculator.

Read next
2026/27 rate cardFull leaving-package modellerThe £751 weekly capAge-band formulaEligibility checkerFAQ