Close Menu
No.1 in UK for Limited Company Liquidations
UK Liquidators

How much redundancy could I claim?

Low-Cost Liquidation
100% Confidential
Stop HMRC & Creditor Pressure
Partner-led Service

Calculating your redundancy pay


Written by Jonathan Munnery

The amount of redundancy you will be entitled to will be based on a variety of factors including your age, length of service, and the salary you paid yourself through the company. Length of service is capped at 20 years, and there is also a weekly wage limit.

As well as redundancy, you may also be able to claim for a number of additional statutory entitlements including notice pay, holiday pay, and unpaid wages. Although these additional elements will be subject to tax, they could increase your total pay-out by a considerable amount.

Although nobody goes into business expecting their company to fail, UK Liquidators were supportive and helpful through the whole liquidation process, and I would have no hesitation recommending them to others in the same position.
Paul Winter
|
Director
Common Liquidation Questions
Do I qualify for director redundancy?

In order to qualify for director redundancy, you must meet a set criteria.

What can director redundancy pay be spent on?

At a time when money is likely to be tight, a redundancy payment could be a much-needed lifeline.

Where does the money for director redundancy come from?

Typically when a company makes redundancies, it is the responsibility of the company to pay for all redundancy costs.

You’re in safe hands with UK Liquidators

At UK Liquidators, our service is fully partner-led and your case will always be overseen by a fully licensed insolvency practitioner.

Meet The Team
Jonathan Munnery
Partner
Marco Piacquadio
Partner
Matthew Cluer
Director
Carolynn Best
Partner
Is liquidation the right option for you?

Take our 60 second test and find out

Company health risk assessment
Types of liquidation available
Alternatives to liquidation
Understand your next steps
60 Second Liquidation Test
Ready to Liquidate?
Express Liquidation Service
Ready to start liquidating today? Complete the form and a member of our team will be in touch.
Please note: By completing this form you are not liquidating your company
Contact the UK Liquidators Team

If you are considering liquidation for your company, taking expert advice at an early stage is crucial. At UK Liquidators, our team of licensed insolvency practitioners are committed to providing limited company directors with the help and advice they need to make an informed decision.

  • Free initial consultation
  • Strictly confidential
  • Fully licensed insolvency practitioners
  • Local office support
  • Named case handler throughout

Looking for immediate support?

Complete the below to get in touch

 
 
 
 
 
100% Free & Confidential Advice