GOV.UK has a redundancy pay calculator to work out your own figure.
Quick facts
- Who
- Employees with 2 years or more
- Weekly pay cap
- £751 from 6 April 2026
- Maximum
- £22,530
- Tax
- Not taxable under £30,000
- If your employer is insolvent
- The government can pay
How much you get
You’ll get:
- half a week’s pay for each full year you were under 22
- one week’s pay for each full year you were 22 or older, but under 41
- one and half week’s pay for each full year you were 41 or older
Your weekly pay is the average you earned per week over the 12 weeks before the day you got your redundancy notice.
If you were made redundant on or after 6 April 2026, your weekly pay is capped at £751 and the maximum statutory redundancy pay you can get is £22,530. If you were made redundant before 6 April 2026, these amounts will be lower.
Statutory redundancy pay under £30,000 is not taxable.
Your notice period
The statutory redundancy notice periods are:
- at least one week’s notice if employed between one month and 2 years
- one week’s notice for each year if employed between 2 and 12 years
- 12 weeks’ notice if employed for 12 years or more
Your notice pay is based on the average you earned per week over the 12 weeks before your notice period starts.
Time off to look for work
If you’ve been continuously employed for 2 years by the date your notice period ends, you’re allowed a reasonable amount of time off to:
- look for another job
- arrange training to help you find another job
No matter how much time you take off to look for another job, the most your employer has to pay you is 40% of one week’s pay.
If your employer cannot pay
If the business is insolvent, you can apply to the government instead: see if your employer is insolvent. Northern Ireland has its own rules: see redundancy pay in Northern Ireland.
Common questions
How much is statutory redundancy pay?
Half a week’s pay for each full year you were under 22, one week’s pay for each full year from 22 to 40, and one and a half weeks’ pay for each full year from 41.
What is the cap in 2026?
If you were made redundant on or after 6 April 2026, weekly pay is capped at £751 and the maximum is £22,530.
Is redundancy pay taxed?
Statutory redundancy pay under £30,000 is not taxable.
How long do I need to have worked there?
2 years or more with your current employer.