Redundancy Pay Calculator 2026/27
Estimate your statutory redundancy pay instantly using your age, years of continuous service, and weekly pay. See whether your weekly pay is capped and how each age band affects your entitlement.
Quick estimate
Your statutory redundancy pay
£5,400
9 weeks' pay at £600 a week
- Age 41+2 years × 1.5 weeks£1,80033.3%
- Age 22–406 years × 1 week£3,60066.7%
- Tax-free
- £5,400
- all of it
- Weeks of pay
- 9
- at £600 a week
- Service counted
- 8 years
- of continuous service
How your pay grows with service
Your statutory redundancy pay at each length of service, compared with people of other ages on the same weekly pay. Years worked from age 41 count for 1.5 weeks each, so the line gets steeper with age.
- You (age 42)
- Other ages
What statutory redundancy pay is
Statutory Redundancy Pay (SRP) is the minimum your employer must legally pay you if you are made redundant in the UK. The amount depends on your age, how long you have worked there continuously, and your weekly pay (up to a statutory cap).
Who qualifies
To get statutory redundancy pay you must:
- Be an employee (not a worker or self-employed)
- Have at least 2 years of continuous service with your employer
- Have been dismissed because of redundancy
How it is calculated
The calculation counts back from your dismissal date, up to 20 complete years of service. For each complete year you get:
- 1.5 weeks' pay for each year worked while aged 41 or over
- 1 week's pay for each year worked while aged 22 to 40
- Half a week's pay for each year worked while aged under 22
The most weekly pay that can be used is £751 (from April 2026), so the most statutory redundancy pay anyone can get is £22,530.
Is redundancy pay taxable?
Statutory redundancy pay is free of Income Tax and National Insurance up to £30,000. If your redundancy payments in total (statutory and enhanced redundancy pay, plus any ex-gratia payments) come to more than £30,000, the excess is subject to Income Tax. You don't pay employee National Insurance on it; your employer pays Class 1A National Insurance instead.
Pay in lieu of notice (and any notice pay for a notice period you don't work) doesn't count towards the £30,000 exemption. It is taxed as normal earnings, with Income Tax and National Insurance taken off in full.
Enhanced redundancy pay
Many employers pay more than the statutory minimum. This is usually set out in your employment contract or a collective agreement. Enhanced payments still share the £30,000 tax-free threshold with your statutory pay.
Notice pay and other entitlements
As well as redundancy pay, you may be entitled to your contractual or statutory notice period, holiday you have built up but not taken, and any wages still owed. This calculator covers statutory redundancy pay only.
Notes
- The statutory weekly pay cap is £751 for 2026/27 (from April 2026).
- Only complete years of continuous service count. Part years are not included.
- A maximum of 20 years of service can be counted.
- This calculator gives an estimate based on the current statutory rules. Your actual entitlement may differ. Get independent legal advice if you are unsure.
Something look off? Get in touch to provide feedback.