3
Apr
2018
9

New compensation limits – April 2018

From 6 April 2018 the maximum amount for a week’s pay for the purpose of calculating a statutory redundancy payment shall increase from £489 to £508. The maximum amount for a week’s pay for the purpose of calculating the basic award for unfair dismissal will also increase from £489 to £508.

At the same time, the maximum compensatory award for unfair dismissal will increase from £80,541 to £83,682.

The key date for determining whether an increase applies is when the employment ends.

If you need any employment advice please do not hesitate to contact me on 0203 797 1264

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