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Statutory Redundancy Calculator
UK statutory redundancy pay follows a specific age-banded formula, not a generic weeks-per-year guess. This calculator applies the same rates GOV.UK uses, capped at 20 qualifying years.
Tell us about it
in $ USD$550.00
$
42
8
$719.00
$
1
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Estimated Buyout
$6,600.00
In plain English
At age 42 with 8 qualifying years of service and capped weekly pay of $550.00, the estimated redundancy pay is $6,600.00.
How we got there+
| Capped weekly pay | $550.00 |
| Qualifying years | 8 |
| Statutory redundancy pay | $6,600.00 |
| Total redundancy pay | $6,600.00 |
Estimates only, not legal or financial advice. Double-check figures with a qualified professional.
How we got there
— Statutory Redundancy CalculatorMethodology reviewed: August 17, 2026 · Source: GOV.UK — Calculate your redundancy pay
Frequently asked questions
Q.What counts as a 'week's pay' in the formula?▾
Your normal gross weekly pay before tax, capped at the government's statutory maximum for the year you're made redundant.
Q.Why do older employees get a higher rate per year?▾
The age bands (0.5, 1, and 1.5 weeks per year) were set by law to give more protection to older workers, who statistically take longer to find new work.
Q.Is statutory redundancy pay taxed?▾
The first £30,000 of statutory redundancy pay is usually tax-free in the UK. Amounts above that, or non-statutory enhancements, may be taxed — check with HMRC or an accountant.
Q.What if I've worked part-time or changed hours?▾
The formula still uses your normal weekly pay at the time of redundancy. If your hours changed significantly during your tenure, get an exact figure from your employer.
Q.Where can I find the exact current statutory cap?▾
GOV.UK publishes and updates the weekly pay cap every April. This calculator's default is a starting point — always confirm the current figure there before negotiating.