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| Have
you got your P60 yet? |
At the end of the tax year (April 5th)
employees around the country should receive their P60's.
What is a P60?
Your P60 is a statement of earnings for the tax year and it can
help to show if you are due a tax refund or have overpaid tax through
the year.
When will I get my P60?
The tax year ends on the 5th April, and depending on how organised
and efficient your employer is, you should receive your P60 shortly
after this date.
What should I do with my P60?
There should be a tax figure and an income figure on your P60.
This shows how much tax and how much income you have earned for
the year. Input these numbers into our tax
rebate calculator and it
will tell you instantly if you are due a tax refund.
What about tax rebates for previous
years?
If you have P60s for previous years you can check to see if you
have overpaid in these years too. The longest you can claim for
is 6 years in arrears.
How do I claim my tax back before the end of the Tax Year?
If you are leaving the UK or have stopped working and do not intend
to work before the end of the tax year (April 5th), then you can
claim your tax back before you receive your P60.
Invariably tax offices will be very
busy at the end of the tax year and as the new tax year starts.
We recommend you submit your tax refund as soon as you get your
P60 and this will avoid any potential delay in receiving your tax
refund cheque.
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