Final Pay Calculator When Leaving a Job
Rebuild the final payslip from wages still due, accrued holiday, notice pay, bonus and redundancy. The calculator keeps taxable earnings separate from the £30,000 termination-payment exemption.
Enter only amounts still due. Genuine redundancy is separated from wages, holiday and notice pay.
For variable pay, enter the rate based on the statutory 52 paid-week reference period.
Do not include wages, holiday, bonus or PILON here. Those are taxable earnings.
Estimated final payment
£2,244
From £3,000 gross, before any pension or student-loan deduction.
Holiday Pay
£1,0005 days × £200
Tax-Free Redundancy
£0Within the combined £30,000 exemption
Estimated Income Tax
£600Incremental whole-year liability
Estimated Employee NI
£156Monthly Class 1 thresholds
- Taxable earnings
- £3,000
- Taxable redundancy excess
- £0
- PAYE + employee NI estimate
- £756
- Estimated amount paid
- £2,244
PAYE on the actual payslip can differ because a payment after P45 normally uses tax code 0T on a week-1/month-1 basis. This calculator estimates the incremental whole-year Income Tax liability.
Frequently asked questions
Must my employer pay unused holiday when I leave?
Yes. When employment ends, an employer must pay for untaken statutory leave. A deduction for holiday taken above entitlement normally needs prior written agreement.
Is notice pay or PILON taxable?
Yes. Notice pay and Post-Employment Notice Pay are treated as earnings and are subject to PAYE Income Tax and employee National Insurance.
How much redundancy pay is tax free?
The first combined £30,000 of genuine statutory redundancy, enhanced redundancy and qualifying termination compensation is normally free of Income Tax and National Insurance. Income Tax applies above £30,000; employer Class 1A NI may also apply, but employee NI does not.
Why can my actual final payslip differ?
PAYE depends on the payment date and tax code. If an employer pays you after issuing your P45, HMRC normally requires code 0T on a week-1 or month-1 basis. The calculator shows an incremental whole-year tax estimate.
Official sources
Related Calculators
Holiday Entitlement Calculator
5.6 weeks statutory leave in days — full year, starters, leavers, and 12.07% irregular-hours accrual
Redundancy Pay Calculator
First £30,000 tax-free, statutory minimum redundancy by age + service, plus PILON tax treatment — ITEPA §401 applied.
Tax Code Checker
Decode 1257L, K475, BR, D0, NT, W1/M1 + Scottish (S) and Welsh (C) prefixes — check your tax code is right and see the take-home impact.