5
Apr
2020

New compensation limits – April 2020

Compensation limits

From 6 April 2020 the maximum amount for a week’s pay for the purpose of calculating a statutory redundancy payment shall increase from £525 to £538. The maximum amount for a week’s pay for the purpose of calculating the basic award for unfair dismissal will also increase from £525 to £538.

At the same time, the maximum compensatory award for unfair dismissal will increase from £86,444 to £88,519.

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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