Redundancy Pay Calculator 2026/27 — Statutory Entitlement

Contractual redundancy pay is different

Many employers pay more than the statutory minimum, either through a written policy or established custom. Check your contract and staff handbook — an enhanced scheme can be worth several times the statutory figure, and it is not always volunteered. The calculator gives your statutory floor, which is the least you can lawfully receive.

If you think the redundancy was not genuine

Redundancy has a specific legal meaning. If your role is being filled by someone else, or you were selected using a criterion that relates to a protected characteristic, pregnancy, trade union membership or whistleblowing, that may be unfair or automatically unfair dismissal rather than redundancy. Time limits are short, so check quickly.

Work out your statutory redundancy entitlement using the current 2026/27 figures.

Who qualifies for statutory redundancy pay

You need two years' continuous service as an employee, and the dismissal has to be a genuine redundancy — the job itself disappearing rather than you being replaced. Workers and the genuinely self-employed do not qualify. If two years is close, the exact date your employment ends can be worth thousands, so check it carefully before agreeing to anything.

How the amount is calculated

Statutory redundancy pay is based on three things: your age during each year worked, your length of service, and your weekly pay. You get half a week's pay for each full year worked while under 22, one week's pay for each full year between 22 and 40, and one and a half weeks' pay for each full year aged 41 or over.

The two caps that limit it

Weekly pay is capped at £751 for 2026/27, so earning more than that does not increase the statutory figure. Service counts for a maximum of twenty years. Those two limits together set the statutory maximum at £22,530. Statutory redundancy pay is free of income tax and National Insurance.

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Statutory redundancy pay is calculated using an age-banded formula. The weekly pay cap is £751 (2026/27). Maximum 20 years of service counts. Tax-free up to £30,000.

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