Learn all about P60 and its importance.
What Is a P60 Form?
What is a P60 Form: FAQs
Why Do I Need a P60?
Your P60 holds much essential information about your financial situation, and it’s the best way to show your proof of income. You will need a P60 to apply for tax credits, a mortgage or a loan.
What's the Difference Between a P45 and a P60?
A P60 form shows how much you’ve earned from your job and can be used as proof of income. A P45 is needed when you start a new job as it tells your new employer your tax code to determine how much you should pay.
How Do I Get My P60 Form?
You should get an annual P60 form when the tax year ends. Your employer must provide you with a P60 form by 31 May, either on paper or electronically. If you have yet to receive a P60 from your employer, you can get the relevant information from your Government Gateway account or visit the HMRC website.
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