Guidance

Redundancy payments from the Insolvency Service

If you’ve been made redundant and applied to the Insolvency Service for a redundancy payment or other money you’re owed, we will write to you to let you know what we can pay you.

Documents

Details

Your redundancy payment is made up of several components. The attached publication explains how we work out what you’re owed and how we’ll let you know what we can pay you.

Published 17 May 2019
Last updated 6 April 2021 + show all updates
  1. changed cap amount

  2. HTML amended to confirm 52 week rate of pay used for holiday pay if employee has variable hours.

  3. New/additional guidance added around - how we calculate rate of pay, notice work but not paid, protective awards, pensions, deductions we make from payments, what to do if you think a payment is wrong.

  4. Restrictions on what we can pay has been amended.

  5. First published.