Saturday, 29 March 2014

P60 in Uk payroll

P60:
Your P60 shows the tax you’ve paid on your salary in the tax year (6 April to 5 April). Your employer must give you a P60 if you’re working for them on 5 April.
You’ll need your P60 to prove how much tax you’ve paid on your salary, eg:
- to claim back overpaid tax
- to apply for tax credits
- as proof of your income if you apply for a loan or a mortgage

Your P60 can be on paper or electronic.

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