Can i claim redundancy pay

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Are you entitled to redundancy pay? Redundancy Pay calculator. Back to top. Statutory redundancy pay and contractual redundancy pay. Statutory redundancy pay is the legal minimum. How much redundancy pay will you get? Furloughed workers. Only complete years of service count, and service has to be continuous.

Your age. Under Over Table scroll. Calculating redundancy pay — An example. Pay in lieu of notice and holiday pay. Pay in lieu of notice. Need more help? Get free debt advice now. Holiday pay. So, find out if you have any holiday owing. Find out more in our guide Do you have to pay tax on your redundancy pay? Hide this message. Home Working, jobs and pensions Redundancies, dismissals and disciplinaries. Redundancy: your rights. Print entire guide. Related content Dismissal: your rights Being made redundant: finding work, claiming benefits and managing debts Joining a trade union Find a job Calculate your statutory redundancy pay Redundancy payments helplines.

Brexit Check what you need to do. Explore the topic Redundancies, dismissals and disciplinaries Elsewhere on the web Acas: your rights during redundancy Citizens Advice. Is this page useful? Maybe Yes this page is useful No this page is not useful. Thank you for your feedback. Read our guide for more details on each. This largely depends on how quickly the RPS processes the claims, but it aims to pay within 3 to 6 weeks of receiving the claim.

Hopefully this will mean that your claim will be paid out within 8 weeks of the liquidation. Unfortunately, you may not receive all the money owed to you. The national insurance fund has a limit on what it will pay out.

However, as your employer has gone into liquidation, it is often unlikely that the liquidator will be able to realise enough funds to pay all creditors in full. Therefore, if you are owed more money than the RPS can pay, it can be unlikely that you will receive all the money owed to you. Unfortunately, if you have paid out for expenses that you were planning to claim back from your employer, such as petrol, this will not be paid by the RPS.

These expenses will be an unsecured claim in the liquidation meaning that they are treated in the same way as other creditors. As long as you were an employee of the company then you should be entitled to make a claim like any other employee.