Current UK redundancy pay rates
Every statutory limit that affects your redundancy payment, in one table.
The statutory limits
| Limit | Great Britain | Northern Ireland |
|---|---|---|
| Maximum week’s pay counted | £751.00 | £783.00 |
| Maximum total statutory payment | £22,530.00 | £23,490.00 |
| Maximum years of service counted | 20 years | 20 years |
| Maximum weeks’ pay awarded | 30 weeks | 30 weeks |
| Minimum service to qualify | 2 years | 2 years |
| Maximum statutory notice | 12 weeks | 12 weeks |
| Tax-free termination payment limit | £30,000.00 | £30,000.00 |
Why the caps matter so much
The weekly cap is the limit that surprises people. However much you actually earn, statutory redundancy pay only ever counts the first £751.00 a week. Someone on £1,500 a week and someone on £751.00 a week receive exactly the same statutory redundancy payment for the same age and service.
That is why enhanced schemes matter: many employers pay redundancy on your actual weekly pay rather than the capped figure, which for a higher earner can more than double the payment.
Common questions
What is the current UK redundancy pay rate?
Statutory redundancy pay is calculated as a number of weeks' pay based on your age and service. The maximum amount of a week's pay that can be counted is £751.00 in Great Britain, and the maximum total statutory payment is £22,530.00.
When do redundancy pay rates change?
The limits are normally uprated each April by regulations, and the new figures apply to dismissals taking effect on or after the uprating date. The rate that applies to you is the one in force on the date your employment ends, not the date you were told about the redundancy.
What is the maximum redundancy payment?
£22,530.00 in Great Britain. That is the ceiling produced by the maximum 30 weeks' pay the formula can award multiplied by the £751.00 weekly cap.