Is it a legal requirement to get a P60?
By Isabella Turner
A P60 (also known as an End of Year Certificate) is an annual statement issued to employees by their employer. It outlines the tax and national insurance (NI) contributions employees have paid over the previous tax year. As an employer, you’re legally obliged to issue P60s to employees by 31 May at the latest.
How can I get my old P60s?
If you need a P60 that goes back more than 3 years, your employer might be able to help you. However, you might need to ask them for a Statement of Earnings. If your employer does not give you a copy of your P60 form, then you can ask HMRC. Please note, your employer is not obliged to give you a copy.
Does everyone get a P60?
Give a P60 to all employees on your payroll who are working for you on the last day of the tax year (5 April). The P60 summarises their total pay and deductions for the year. You must give your employees a P60 by 31 May. If you’re exempt from filing your payroll online, you can order copies of P60s from HMRC .
Can a P60 be wrong?
If your P60 information is incorrect, then your employer can issue you a new P60. Occasionally, a payroll department may make a mistake and issue a P60 with mistakes in it. If you spot that any of the information in your P60 is incorrect, get in touch with your employer so they can issue you a new, amended one.
Do P60s have to be printed?
If you’re going to provide printed P60 forms, you must use official stationery. You must have sufficient P60 stationery to print for each employee working for you on 5 April, and to also perform some test prints, to ensure that everything lines up in the boxes.
How long does an employer have to keep payslips?
Employers should keep records of training, employment history and terms and conditions of employment. Although payroll records should be retained for the current tax year plus the previous three years, many employers keep these records for six years.
