P60 query

kryptonmight

I was working in a contract paye job that finished last summer. I was unemployed for about 3 months and then started a new job in October. When I started my new job I gave my employer a copy of the P45 I got from my previous job.

I received my P60 today and it only contains information from my most recent employment (the one I am in now that started in October).

Shouldn't my P60 contain information about all the tax etc I paid last year and not just what I paid since starting this job?

alexlyons

no pretty sure your P45 squares off that job and then you start a fresh with the new job.

Your P60 is a summary for your current job only afaik, so it should only read what your current employer has paid and and the amount you've been taxed.

Actually, as I think about it, your current employer issues your P60 and can't and shouldn't have access to what you earned or the tax you paid up until then, other than the P45 you gave them at the start of employment. So in answer, no it shouldn't have anything else on it, just a summary of what you've earned and the tax you paid at your current job.

dbran

Hi

Unless your previous employment occurred in a different tax year to your current employment, the P60 should have the details of your current employment as well as the details of all previous employment in the year.

Your new employer must get the details of previous employment in the year in order to properly work out the required PAYE and USC deductions.

Regards

dbran

kryptonmight

I was thinking that dbran. I'll get in touch with them and ask them to re-print my P60 with the full tax information. They have a copy of my P45 from my previous employer so they should have all the information they need.

thesimpsons

not always does new employer need or get to hear what you earned with previous employers. Often Revenue will issue me with tax credit cert for a new employee with just the new credits/cutoffs as the employee will request this. As a result the P60 only shows the details for the one employment - Revenue and Social Welfare will tally with up with P45 to make full calculation for insured weeks, etc.

millebisous

I just received my P60 for the last year, how can i tell if there is anything i can claim back? I am a full time student and also hold a medical card. Thanks in advance!!

relax carry on

millebisous wrote: »

I just received my P60 for the last year, how can i tell if there is anything i can claim back? I am a full time student and also hold a medical card. Thanks in advance!!

Your p60 won't tell you if you are due a refund of PAYE or USC. All it tells you is your pay, tax, Usc and PRSI for a tax year. Normally these are are all correct. Do you have additional tax credits or reliefs to claim or do you believe you were taxed incorrectly last year?

kryptonmight

Talked to our payroll department and the revenue, apparently my P60 would only contain the most recent employment. I submitted a P21 balancing statement the other night with my P60 details (the revenue system already had my tax details from my previous job listed) got a tax refund so hopefully that is everything back on track.