If being made redundant, and you have the necessary service longevity i.e. more than two years, you are likely to be entitled to a redundancy pay package. This will usually consist of your notice, or the statutory minimum notice which ever is greater, unpaid leave and a tax free redundancy compensation agreement.
This latter payment is dependent on age and length of service and is tax free for the first £30,000. It can be calculated at the government web page, https://www.gov.uk/calculate-your-redundancy-pay.
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