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UK Statutory Redundancy Pay Calculator (£700 Weekly Cap)

Calculate statutory redundancy pay based on age multipliers (0.5 week under 22, 1.0 week ages 22-40, 1.5 weeks age 41+) capped at 20 years of continuous service and statutory weekly wage limit (£700/week up to £21,000 maximum).

Datos y Parámetros

En tiempo real
44 yrs
18 yrs68 yrs
8 yrs
2 yrs20 yrs
£/wk
Selección rápida:
Resultado CalculadoStatutory Redundancy Pay (UK Gov)

Total Statutory Redundancy Pay (100% Tax-Free)

£8,400

Total Weeks of Pay Entitlement

12 weeks

Statutory Capped Weekly Pay Base (£700 Max)

£700

Desglose Detallado del Cálculo

Years Service
8 yrs
Weeks Entitled
12 weeks
Tax-Free Redundancy Pay
£8,400

Metodología de Cálculo

Weekly Pay Basis = min(Actual Weekly Gross Pay, £700 statutory cap). Multiplier = 0.5 (under 22), 1.0 (22-40), 1.5 (41+). Total Redundancy = Multiplier * Years of Continuous Service (max 20 yrs) * Weekly Pay Basis.

Aviso Legal e Informativo

Redundancy pay up to £30,000 is 100% tax-free and exempt from National Insurance.

Esta calculadora es para fines educativos e informativos. Los resultados no constituyen asesoramiento financiero, fiscal o legal vinculante.

Preguntas Frecuentes

The first £30,000 of redundancy severance pay is completely tax-free and exempt from National Insurance.
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