What Is a P60 and When Do You Get One?

What Is a P60 and When Do You Get One?

If you're employed in the UK, you've probably heard of a P60.

Every year, thousands of people search:

👉 What is a P60?

👉 When do I get my P60?

Whether you're applying for a mortgage, checking your tax or completing financial paperwork, your P60 is one of the most important documents you'll receive from your employer.

What Is a P60?

A P60 is an annual summary of your pay and the tax you've paid during the tax year.

It is issued by your employer after the end of each tax year and shows how much you earned and how much Income Tax and National Insurance was deducted.

When Should You Receive a P60?

The UK tax year ends on 5 April each year.

If you were employed on 5 April, your employer should provide you with a P60 by 31 May.

You may receive it:

As a paper document

Electronically

Through your employer's payroll system

What Information Is on a P60?

A typical P60 includes:

Your name

Your National Insurance number

Your employer's details

Total pay for the tax year

Income Tax deducted

National Insurance contributions

Your tax code

This information is often needed when dealing with banks, mortgage lenders or HMRC.

Why Is a P60 Important?

You may need your P60 when:

Applying for a mortgage

Applying for a loan

Completing financial applications

Checking you've paid the correct tax

Claiming certain benefits

Keeping personal tax records

Many employers recommend keeping your P60 in a safe place.

What If You Lose Your P60?

If you've misplaced your P60, contact your employer.

They may be able to provide a replacement or an equivalent statement containing the same information.

Is a P60 the Same as a P45?

No.

A P60 summarises your pay and tax for the entire tax year.

A P45 is issued when you leave a job and shows your pay and tax up to your leaving date.

Common Questions

Do I get a P60 every year?

Yes, if you're employed on 5 April, your employer should normally provide one.

Can I get my P60 online?

Many employers now provide digital copies through their payroll or HR systems.

Should I keep old P60s?

Yes.

They're useful for checking previous income and tax records and may be needed for financial applications.

Final Thoughts

Your P60 is an important record of your earnings and tax for the year.

Checking the information is accurate and keeping it safe can save time if you need to prove your income or deal with HMRC in the future.

Understanding what your P60 shows is a simple but valuable step towards managing your finances confidently.

Disclaimer

This article is for general information purposes only and does not constitute tax, legal or financial advice. Tax rules can change and individual circumstances vary. Always consult a qualified UK tax adviser or accountant for advice tailored to your situation.

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