Use this free calculator to estimate statutory redundancy pay, notice pay, and holiday pay. It uses the limits applying to employment ending from 6 April 2026 to 5 April 2027 under the 2026 Employment Rights increase-of-limits orders.
Your statutory redundancy pay depends on three things: your age during each complete service year, your weekly pay, and your number of complete years of continuous service (maximum 20 years counted). For 2026/27, weekly pay is capped at £751 in Great Britain and £783 in Northern Ireland.
The maximum statutory redundancy pay for 2026/27 is £22,530 in Great Britain and £23,490 in Northern Ireland. Statutory redundancy pay is tax-free.
You are also entitled to notice pay. The statutory minimum is one week for each full year of service, up to a maximum of 12 weeks. If your contract gives a longer notice period, your contract terms apply. Notice pay (or Pay In Lieu of Notice — PILON) is fully taxable.
Any holiday you have accrued but not taken must be paid to you on leaving. If you have taken more holiday than accrued, your employer may deduct the overpayment from your final pay if your contract allows it.
The first £30,000 of your total redundancy payment (statutory plus any enhanced pay) is exempt from income tax and National Insurance. Amounts above £30,000 are taxed at your marginal rate. Notice pay and holiday pay are always subject to normal tax and NI deductions.