Statutory redundancy pay depends on your age, your length of continuous service (capped at 20 years) and your weekly pay (capped at £719 for 2025/26). You get half a week per year worked while under 22, one week per year while 22 to 40, and one and a half weeks per year while 41 or over. This is the legal minimum — many contracts and settlement agreements pay more.
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Frequently asked questions
Who qualifies for statutory redundancy pay?
Generally employees with at least two years of continuous service who are made redundant. Length of service, age and weekly pay determine the amount.
Is statutory redundancy pay taxed?
Redundancy payments up to £30,000 are usually tax-free, including statutory redundancy pay. Amounts above that can be taxable.