AwardCurrent rateRate from 6 April 2023
Statutory week’s pay (for calculating an unfair dismissal basic award and statutory redundancy pay)£571£643
Minimum basic award (automatic unfair dismissal)£6,959£7,836
Maximum unfair dismissal basic award or statutory redundancy payment£17,130£19,290
Maximum unfair dismissal compensatory award£93,878£105,707
Guarantee pay (per day, up to five days)£31£35

The high increase in limits reflects the 12.6% increase in the RPI to September 2022. The new amounts will generally apply where the effective date of termination falls on or after 6 April 2023.

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