Estimated statutory redundancy pay
£0
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How statutory redundancy pay is calculated (2026/27): You receive 0.5 week's pay for each full year worked while under 22, 1 week's pay for each full year aged 22–40, and 1.5 weeks' pay for each full year aged 41 or over. Service is capped at 20 years and weekly pay at £751 (Great Britain, from 6 April 2026), giving a maximum statutory payment of £22,530. You need at least 2 years' continuous service to qualify.
Age bands
| Age during a full year of service | Weeks' pay |
|---|---|
| Under 22 | 0.5 week |
| 22 to 40 | 1 week |
| 41 and over | 1.5 weeks |
Frequently asked questions
Is statutory redundancy pay taxable?
No. Genuine redundancy payments are tax-free up to £30,000, and statutory redundancy pay is almost always within that limit.
Do I qualify?
You qualify if you are an employee with at least 2 years' continuous service and you are being made redundant.