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Redundancy payout calculator

By RICHARD BROWNING FOR MAILONLINE Updated: 16:00 BST, 16 August 2018

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Our redundancy calculator reveals the minimum legal payment an employer must make when making staff redundant. It is based on those aged 22 to 41, who are legally entitled to a one week's pay for every year.

These are the minimum payouts:

•: 0.5 week's pay for each full year of service where your age was under 22

Six of the best: Major household names are among Britain's small, medium yet most vibrant businesses.

•: One week's pay for each full year of service where your age was 22 or above, but under 41

•: 1.5 week's pay for each full year of service where your age was 41 or above

In practice, many employers will opt to pay more. Some will pay two weeks per year with the most generous considering three weeks.

The second field on the calculator will allow you to enter the guidelines for weeks allowed by your employer. Note that redundancy pay under £30,000 is tax-free.For help with disputes, contact Acas: http://www.acas.org.uk

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