It's a statement that summarises your tax contributions from employment for the current tax year.
A P45 is issued to you by your employer when you leave their employment or change jobs.
You should receive two copies of the P45. One for yourself and another to be given for your future employer.
There is no standard format for a P45 (each may look a bit different) the but minimum information what must be on it is always the same.
Our friendly taxbot helps you understand your personal income tax situation and suggests ways to reduce your tax bill.
TaxScouts will handle the sorting of all your tax documents needed for self assessment & stores them securely online.
A dedicated AAT certified accountant will do your tax return and take care of tax audits.