Settlement Agreement Calculator UK 2025

For information only. Results are estimates based on statutory formulae. Not legal advice — full disclaimer.

Annual gross salary Your current salary before tax

Your age Used in the redundancy pay formula

Years of continuous service Full years only (max 20 count for statutory redundancy)

Notice period in your contract (weeks) Check your employment contract — or enter 0 if unknown

Unused holiday days Days accrued but not yet taken

Reason for leaving

Ex-gratia / compensation offered by employer The payment your employer has offered on top of statutory entitlements (can be £0)

Other income this tax year (before this payment) Used to estimate your tax liability accurately

📋

Enter your details on the left and click Calculate.

Notice pay (PILON) —

Statutory redundancy pay —

Accrued holiday pay —

Ex-gratia / compensation —

Total package —

Tax-free portion —

Taxable portion —

Estimated tax due —

Estimated net (take-home) —

Notice pay (PILON) is always taxable. The first £30,000 of qualifying termination payments (redundancy + ex-gratia) is tax-free. Learn more →

—

Statutory minimum entitlement —

Employer's offer vs minimum —

Settlement Agreement Calculator