The compensation limits available for various claims at the Employment Tribunal will increase from 6 April 2016, including an increase in the maximum compensatory award from £78,335 to £78,962.
The maximum amount of a week's pay, used to calculate statutory redundancy payments and the basic award for unfair dismissal, will also rise from £475 to £479.
Various other employment-related awards, entitlements and allowances will be subject to an index-linked increase on 6 April 2016. You can view the full list here:
http://www.legislation.gov.uk/uksi/2016/288/pdfs/uksi_20160288_en.pdf
