The P60 form is a crucial document provided by employers in the UK at the end of each tax year. It summarizes your total earnings and deductions for the year, essential for filing taxes and other financial purposes. If you haven’t received your P60 or need an additional copy, you can obtain it directly from HM Revenue and Customs (HMRC). Here’s a comprehensive guide on how to get your P60 from HMRC:
Understanding the P60 Form
The P60 form is issued annually by your employer to all employees who were working at the end of the tax year (which runs from April 6th to April 5th the following year). It includes details such as your total earnings, the amount of tax you’ve paid, and any National Insurance contributions made during that tax year.
Why You Need Your P60
The P60 is important for several reasons:
- Tax Filing: It helps you accurately report your income when filing your Self Assessment tax return.
- Proof of Income: Some institutions may require it as proof of your income, such as when applying for a mortgage or a loan.
- Benefit Claims: It may be needed to verify your income when claiming certain benefits or tax credits.
- Personal Records: It serves as a record of your earnings and tax payments for the year.
Methods to Obtain Your P60
There are several ways to obtain your P60 form from HMRC:
1. Through Your Employer
Your employer is responsible for providing you with a P60 by May 31st following the end of the tax year (i.e., by the end of May). This is the simplest and most common way to obtain your P60.
- Contact HR or Payroll: If you haven’t received your P60 by the end of May, contact your company’s HR department or payroll provider. They should be able to issue you a copy promptly.
2. Online Services
HMRC provides several online services where you can access your tax records, including your P60:
- Personal Tax Account: Register for a Personal Tax Account on the HMRC website. Once registered, you can view and print your P60 form.
- HMRC App: Download the HMRC App on your smartphone or tablet. It allows you to access your tax information, including your P60, securely on the go.
3. By Phone
If you prefer to speak with someone directly, you can contact HMRC’s helpline:
- HMRC Helpline: Call HMRC’s helpline for individuals (0300 200 3300) and request a copy of your P60. You will need to verify your identity over the phone.
4. Can I Get A Copy Of My p60 From HMRC?
Yes
- Write to HMRC: Send a letter to HMRC requesting a copy of your P60. Include your full name, address, National Insurance number, and tax year(s) for which you need the P60.
Important Considerations
- Deadlines: Ensure you request your P60 in time for any tax filing deadlines or other financial obligations.
- Accuracy: Check your P60 for accuracy once you receive it. Report any discrepancies to HMRC or your employer promptly.
- Security: Always access your tax information through secure channels to protect your personal data.
Conclusion
Obtaining your P60 from HMRC is a straightforward process, whether you do it through your employer, online services, phone, or mail. It’s essential to keep your P60 safe as it serves as a vital record of your income and tax contributions for the year. By following the steps outlined in this guide, you can ensure you have the necessary documents for tax filing, financial planning, and other official purposes. If you encounter any issues or have questions, don’t hesitate to contact HMRC or seek advice from a tax professional.