Redundancy Pay, Guarantee Payments and tribunal awards - Annual review of payments and limits

For Maternity and related payments, see Maternity/Paternity/Adoption Pay & Leave

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The following statutory limits will take effect where the appropriate day for the particular payment, as specified in legislation, falls on or after 1 February 2007. The increases are prompted by a rise in the retail price index in the year to September 2006 of 3.6%.

Statutory Provision	Old limit	New limit
Minimum basic award for unfair dismissal or selection for redundancy on grounds related to union membership or activities	£4,000	£4,200
Minimum compensation awarded for exclusion or expulsion from a trade union	£6,300	£6,600
Limit on daily amount of guarantee payment	£18.90	£19.60
Minimum basic award for unfair dismissal for participation in health and safety activities, exercise of rights under the Working Time Regulations, activities as a pension scheme trustee, activities as an employee representative in connection with redundancies or a transfer of undertakings	£4,000	£4,200
Limit on amount of compensatory award for unfair dismissal	£58,400	£60,600
Maximum weekly amount paid from National Insurance Fund to pay contractual debts owed on the insolvency of the employer	£290	£310
Maximum weekly amount of a basic or additional award of compensation for unfair dismissal or redundancy payment	£290	£310