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[Music] in this short video we will look at redundancy related payments what are redundancy payments if you are being made redundant you may be eligible for a redundancy payment if you have been employed for at least two years your employer may have its own policy about such payments but the minimum statutory redundancy pay to which you would be entitled is half a weeks pay for each full year of employment if you were under 22 years old one weeks pay for each full year of employment if you were aged 22 or older but under 41. one weeks pay for each full year of employment if you were aged 22 or older but under 41 one and a half weeks pay for each full year of employment if you were aged 41 or older a weeks pay is based on your pay before tax and is 538 pounds if the dismissal is on or after 6th of april 2020. redundancy pay does not have income tax or an ics deducted the other pay that is relevant to redundancy dismissal is notice pay your employer should also give you a notice perio
