How it works

Reviewed: September 2026

Redundancy Take Home helps you understand what you'll actually receive from a redundancy or settlement package. It is an estimate, not advice — but we explain the assumptions behind every number.

1. Enter your package

Tell us what's in your offer: statutory or enhanced redundancy, settlement compensation, PILON, holiday pay, wages and bonuses. We separate payments that may qualify for the £30,000 termination exemption from those that are always taxed as earnings.

2. We classify each payment

Taxable earnings (PILON, holiday pay, wages, bonuses) are taxed with PAYE and National Insurance. Qualifying termination payments (redundancy, genuine compensation) may use the £30,000 exemption. We do not simply subtract £30,000 from your total package — that would be wrong.

3. Estimate your take-home

Using your tax year, year-to-date income, and UK tax bands, we estimate income tax and NI on each component. The result shows your estimated take-home, with a clear breakdown of what's potentially tax-free and what's taxable.

4. Estimate Universal Credit impact

We split your package into what counts as UC earnings (PILON, holiday, wages) versusUC capital (qualifying redundancy and compensation). We add net qualifying payments to your existing and partner capital, estimate tariff income, and show a 3-month transition preview. We never claim you will or won't be entitled to UC — only what the standard rules suggest.

5. Exit Transition Report (optional, £9.99)

The paid PDF includes a full 12-month UC/capital timeline, surplus earnings warnings, claim timing checklist, and questions for your employer — without locking the free answer behind payment.

6. Compare offers (optional)

If you're negotiating, compare two scenarios side by side to see what the extra offer actually means for your take-home and capital position.

Your privacy

Your numbers stay in your browser unless you choose to purchase a report. We do not store your salary, package amounts, or savings on our servers.