When several employees do similar work, redundancy selection must use a fair pool and objective, scored criteria. Here's how the process works and what makes a selection unfair.
A UK settlement agreement is only legally binding if the employee gets independent legal advice — and the employer usually pays a tax-free contribution towards it. Here's how the exemption works.
The £30,000 redundancy exemption and the PILON tax rules explained for 2026/27 -- with worked examples showing how to structure a settlement to minimise your tax bill.
How is a payment in lieu of notice (PILON) taxed in 2026/27? Understand PENP, income tax, National Insurance and what lands in your pocket.
How redundancy pay over GBP 30,000 is taxed in the UK for 2026/27: the tax-free band, what counts as taxable, NI, PILON rules and how to cut your bill.
How settlement agreement payments are taxed in 2026/27: the GBP 30,000 exemption, what counts as taxable pay, PILON, NI rules and how to check your take-home.
How ET awards are taxed in 2026/27 -- basic award, compensatory award, injury to feelings, and PENP explained with worked examples.
How redundancy pay over £30,000 is taxed in 2026/27: the £30,000 tax-free exemption, why PILON and bonuses are fully taxable, and how the excess is taxed at your marginal rate — with worked examples.
Statutory Redundancy Pay 2026: £751 weekly cap, £22,530 maximum, tax-free up to £30,000. PILON tax rules, consultation rights and employer insolvency explained.
The £30,000 tax-free exemption, how statutory redundancy is calculated, PILON rules since April 2018, the PENP formula, settlement agreements, and NI changes from April 2020. Worked examples and 8 FAQs.
Statutory redundancy pay depends on age, length of service and weekly pay (capped at £719/week for 2025/26). Plus how enhanced contractual schemes work, the £30k tax-free rule, and what notice pay you also get.
