How is statutory redundancy pay calculated?

Half a week's pay for each year worked under 22, one week for each year between 22 and 40, and one and a half weeks for each year from 41, capped at 20 years with a capped weekly figure.

Do I pay tax on redundancy pay?

A genuine redundancy payment is normally tax free up to £30,000. Notice pay, holiday pay and pay for work done are taxed as earnings.

Can I get more than the statutory amount?

Yes, where your contract or an established enhanced scheme provides more, or where a higher figure is agreed in a settlement.

What if my employer refuses to pay?

You can bring a tribunal claim for the unpaid amount after starting Acas early conciliation. Check the time limit that applies to your situation without delay.

How much redundancy pay am I entitled to?

Statutory redundancy pay depends on your age, your continuous service and your weekly pay, with service capped at 20 years and a capped weekly figure.