Income & Employment Guides UK — Maximise Your Earnings

Redundancy Pay Calculator Guide 2026/27 — How Much Are You Owed?

How statutory redundancy pay is calculated in 2026/27. The weekly pay cap is £643. Use our worked examples to find out exactly how much redundancy pay you are entitled to.

Salary and income data is based on ONS and other official UK statistical sources. Figures are averages and may not reflect your individual circumstances.

If you have been made redundant, you may be entitled to statutory redundancy pay. The amount depends on how long you have worked for your employer, how old you were during each year of service, and your weekly pay — which is capped at £643 in 2026/27.

Use this guide to calculate exactly what you are owed.

Key Figures for 2026/27

LimitAmount
Weekly pay cap£643
Maximum service counted20 years
Minimum service to qualify2 years
Maximum statutory payout£19,290
Tax-free limit£30,000

How Statutory Redundancy Pay Is Calculated

The formula uses three factors:

  1. Age during each year of service
  2. Length of service (years worked with this employer)
  3. Weekly pay (capped at £643)

The Multiplier by Age

Age During Year of ServiceWeeks’ Pay Per Year
Under 220.5 weeks
22 to 401 week
41 or over1.5 weeks

Years are counted backwards from the date of redundancy, and the age you were during each year determines the rate.

The Weekly Pay Cap

If you earn more than £643/week (£33,436/year gross), your redundancy pay is calculated on £643 — not your actual earnings.

If you earn less than £643/week gross, your actual weekly pay is used.

Redundancy Pay Calculator

To work out your entitlement:

Step 1: Find your weekly pay. Divide your gross annual salary by 52. If this is above £643, use £643.

Step 2: List your complete years of service, and how old you were during each year.

Step 3: Apply the multiplier to each year and add them up.

Step 4: Multiply the total weeks by your capped weekly pay.

Step-by-Step Example 1

Employee: Age 35, 4 years’ service, annual salary £28,000

Weekly pay = £28,000 ÷ 52 = £538.46 (below cap, so use actual)

YearAge During YearMultiplierWeeks
4th (most recent)351.01.0
3rd341.01.0
2nd331.01.0
1st321.01.0
Total4.0 weeks

Statutory redundancy pay = 4 weeks × £538.46 = £2,153.84


Step-by-Step Example 2

Employee: Age 48, 12 years’ service, annual salary £55,000

Weekly pay = £55,000 ÷ 52 = £1,057.69 → capped at £643

YearsAge RangeMultiplierWeeks
Years 1–6 (ages 37–42)Partly under and over 41Mix of 1.0 and 1.5See below

Working backwards from age 48:

Year (Backwards)AgeMultiplierWeeks
1481.51.5
2471.51.5
3461.51.5
4451.51.5
5441.51.5
6431.51.5
7421.51.5
8411.51.5
9401.01.0
10391.01.0
11381.01.0
12371.01.0
Total15.0 weeks

Statutory redundancy pay = 15 weeks × £643 = £9,645


Step-by-Step Example 3 — Long Service, High Earner at Cap

Employee: Age 54, 20 years’ service (maximum counted), annual salary £70,000

Weekly pay capped at £643

All 20 years worked aged 41 or above → 1.5 × 20 = 30 weeks

Statutory redundancy pay = 30 weeks × £643 = £19,290 (the maximum)

Quick Reference — What You Might Be Owed

Years ServedAll Under 22All 22–40All 41+
21 week2 weeks3 weeks
52.5 weeks5 weeks7.5 weeks
105 weeks10 weeks15 weeks
157.5 weeks15 weeks22.5 weeks
20 (max)10 weeks20 weeks30 weeks

These are at the applicable weekly pay (up to the £643 cap).

Minimum Service Requirement

You need 2 complete years of continuous service to receive statutory redundancy pay. Part years do not count — if you have worked 1 year and 11 months, you receive nothing under the statutory scheme.

What Breaks Continuity

Your continuous service may be broken by:

  • A gap between two employments (even 1 day, in most cases)
  • Dismissal and re-engagement (usually — with exceptions)
  • Transfer to a different legal employer (unless TUPE applies)

Tax on Redundancy Pay

ElementTax Treatment
Statutory redundancy payTax-free (under £30,000 threshold)
Enhanced redundancy pay (combined with statutory, up to £30,000)Tax-free
Redundancy pay above £30,000 combinedTaxable as income
Notice pay (pay in lieu of notice)Always taxable
Holiday pay owedAlways taxable

Key point: Redundancy pay and notice pay are treated differently for tax. Redundancy payments get the £30,000 exemption. Notice pay — whether worked or paid in lieu — is always taxable regardless of how it is labelled.

Statutory vs Enhanced Redundancy Pay

TypeAmountWho Sets It
StatutoryMinimum calculated by lawGovernment
EnhancedAbove statutoryEmployer (contractual or discretionary)

If your employer offers enhanced redundancy, it may be:

  • A higher weekly rate (e.g., actual salary, not capped at £643)
  • More than 1 week per year for all ages
  • An ex-gratia additional sum
  • Several weeks’ notice pay as a “package”

Check your employment contract and any redundancy policy. If you have been employed for over 2 years, you are entitled to statutory redundancy pay as a minimum — it cannot be taken away.

What if Your Employer Refuses to Pay?

If your employer refuses to pay statutory redundancy:

  1. Raise a grievance in writing
  2. Apply to an Employment Tribunal — you have 6 months from dismissal (3 months for most claims — but 6 months specifically for redundancy pay claims)
  3. Apply to the National Insurance Fund — if your employer is insolvent, the government can pay statutory redundancy directly via the Insolvency Service

Other Redundancy Entitlements

Redundancy pay is just one part of what you may be owed when made redundant:

EntitlementWhat It Is
Notice payStatutory minimum: 1 week per year of service (up to 12 weeks), or contractual notice if longer
Holiday payAll accrued but untaken holiday must be paid
Outstanding wagesAny unpaid salary to date
Company benefitsContinued until last day of employment
ReferenceYou are entitled to request a reference

What to Do After Redundancy

Financial steps to take immediately:

  1. Claim Jobseeker’s Allowance or Universal Credit if not moving straight into new work
  2. Check your payslip — ensure you have been paid the correct redundancy, notice, and holiday pay
  3. Pension notification — check what happens to pension contributions and any employer match
  4. Tax refund — if made redundant mid-year, you may be owed a tax refund
  5. Update CV and LinkedIn — the sooner you start, the better

Sources

  1. GOV.UK — Redundancy: your rights
  2. GOV.UK — Calculate your statutory redundancy pay
  3. GOV.UK — Redundancy payments: employer guidance