A P60 is a statement that summarises your annual tax contributions from employment. This is issued and sent to you by your employer at the end of each tax year.
It must be sent out by the 31st of May each year. Most employers do it by the end of April when they run their monthly payroll.
There is no standard format for a P60 (each may look a bit different) but the minimum information what must be on it is always the same.
Information that is on your P60 is provided by your employer to HMRC. Based on this HMRC makes their tax calculations. You should keep your P60 for your tax records.
With TaxScouts it may be possible to get your self-assessment done without a P60. Assuming that you have access to your HMRC goverment gateway.
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.