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Redundancy Calculator Ireland 2026: Fast Facts
Use our redundancy calculator guide to estimate your statutory lump sum. In Ireland, you are entitled to 2 weeks’ pay per year of service plus 1 bonus week, capped at €600 per week.
- ✅ Statutory Payment: 100% Tax-Free.
- ✅ Eligibility: 104 weeks of continuous service (Age 16+).
- ⚠️ Pension Impact: Taking an ex-gratia tax-free lump sum now may reduce your future pension tax-free cash.
Take two minutes to see how much your monthly income might be in retirement
Instant Statutory Estimate
While our experts calculate your full tax-free package (including SCSB), you can estimate your basic statutory redundancy here:
*Capped at €600 per week.
Example: 10 years service at €700/week = (10 x 2) + 1 = 21 weeks.
Calculation: 21 weeks x €600 (cap) = €12,600 Statutory (Tax-Free).
Want to see how much more you can get tax-free via your pension? Fill in the details below for a full audit.
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Redundancy Calculator Ireland
Navigating redundancies can be complex. Understanding your financial entitlements shouldn’t be. Our Redundancy Calculator simplifies the process. It helps you forecast your redundancy payments based on your current salary, years of service, statutory entitlements, and more.
How to Use the Redundancy Calculator
To get the most accurate estimate, please follow provide us with the following information:
- Enter Your Current Age: This helps us calculate your investment horizon.
- Input Your Annual Income: This determines the feasibility of your expected contributions.
- Current Years Of Service: Confirm years of service with your employer.
- Confirm Employee Status: Confirm if you are part time, or a full time employee.
- Desired Goal: Confirm what your goal is with the redundancy request and where you are in the redundancy process.
How to Use the Redundancy Calculator
Understanding Your Results:
Our calculator provides two key outputs to help plan your redundancy:
- Custom Redundancy Advice: Our experienced independent financial advisors will provide you with the best advice.
- Total Redundancy Payment: The total amount you can expect to receive based on your salary and years of service.
- Estimated Monthly Budget: How much you can allocate each month to maintain financial stability while seeking new employment.
Factors Impacting Your Redundancy Payment:
Several factors can influence your redundancy payout, especially in Ireland:
- Taxation: Understand how your redundancy payment is taxed and any reliefs available.
- Length of Service: How your years of service affect the redundancy amount.
- Government Policies: Updates on statutory redundancy and legal changes affecting redundancy payments.
Useful External Resources:
- View the official Department of Social Protection Redundancy Calculator.
- Read the Revenue guide on taxation of lump sum payments.
- Learn more about your legal rights at Citizens Information Ireland.
Why work with Q Redundancies
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