Being made redundant is stressful, and understanding your financial entitlements shouldn't add to the worry. UK law gives most employees a guaranteed minimum redundancy payment. Here's exactly how statutory redundancy pay works in 2025/26, so you know what you're owed.

Who qualifies for statutory redundancy pay?

To be entitled to statutory redundancy pay, you generally must:

  • Be classed as an employee (not a contractor or worker)
  • Have at least 2 years' continuous service with your employer
  • Have been genuinely made redundant — meaning your role is no longer needed

If you've been dismissed for misconduct, or you turn down a suitable alternative role without good reason, you may lose your entitlement.

How statutory redundancy pay is calculated

The amount depends on three things: your age, your length of service, and your weekly pay. For each full year of service, you receive:

Age during that year of serviceWeeks' pay per year
Under 220.5 weeks
22 to 401 week
41 and over1.5 weeks

The two important caps

Two limits apply to statutory redundancy calculations in 2025/26:

  • Weekly pay is capped at £643. If you earn more than this, the calculation still uses £643 as your weekly figure.
  • Service is capped at 20 years. Years beyond 20 don't count toward statutory pay.

Together these cap the maximum statutory redundancy payment at £19,290 for 2025/26.

Good news on tax: Redundancy payments are tax-free up to £30,000. Most statutory redundancy payments fall well below this, so you typically receive the full amount with no deductions.

A worked example

Imagine you're 45 years old, have worked somewhere for 12 years, and earn £600 a week:

  • Years worked while aged 41+: 4 years × 1.5 weeks = 6 weeks
  • Years worked while aged 22-40: 8 years × 1 week = 8 weeks
  • Total: 14 weeks × £600 = £8,400

Because this is under £30,000, the full £8,400 is tax-free.

Statutory vs enhanced redundancy pay

What we've described is the legal minimum. Many employers offer enhanced redundancy packages that are more generous — often using your actual weekly pay without the £643 cap, or a higher multiplier per year of service. Always check your employment contract, staff handbook or any collective agreement to see if you're entitled to more.

What else you might be owed

Beyond redundancy pay, you may also be entitled to:

  • Your notice period pay (or pay in lieu of notice)
  • Payment for any accrued but untaken holiday
  • Any outstanding salary or bonuses

Know your entitlement

If redundancy is on the horizon, knowing your statutory minimum gives you a baseline to check any offer against. Our redundancy pay calculator works out your statutory entitlement instantly based on your age, service and weekly pay.

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This article is for general information only and does not constitute financial, tax or legal advice. Tax rules and rates can change, and your personal circumstances affect how they apply to you. Always consult a qualified professional before making financial decisions. Figures are based on 2025/26 rates.