News & Views

Increase to statutory payment limits

BY Daniel Gorry
Employment law
BG Purple

Along with a raft of other changes due to come into effect in April, the Government has announced that the limit on a number of statutory employment payments will increase from 6th April.

 

  • The maximum week’s pay for the purposes of redundancy payments or unfair dismissal basic awards will be £475 (previously £464);
  • The maximum compensatory award for unfair dismissal claims will be £78,335 (previously £76,574); and
  • The maximum basic award for certain unfair dismissal claims will be £5,807 (previously £5,676).

This will affect redundancies and unfair dismissal claims where the effective date of termination falls on or after 6th April 2015.

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