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.
Genuine redundancy and other qualifying termination payments are generally income-tax-free up to £30,000 in total; employer National Insurance may apply to qualifying termination payments above this threshold. Notice and holiday pay are normally taxable as earnings. See GOV.UK tax guidance.