TaxPersonal TaxP60 information to be provided electronically

P60 information to be provided electronically

PAYE information can be given to staff in electronic format, but the taxman still needs a paper version

CHANGES TO THE PAY AS YOU EARN TAX (PAYE) will allow employers to electronically provide P60 information to their employees. However, HM Revenue & Customs will not have the facilities to receive P60 information electronically.

Employers will need to continue sending paper versions of the employee tax data to the taxman. The electronic P60 can be used from the fiscal year 2010/11.

Employers must confirm with staff of their decision to switch to an eP60 format. Businesses need to ensure employees can access the information securely and are able to print a copy if needed.

 

Related Articles

Inheritance tax is 'unfit for modern society' and should be abolished, says think tank

Personal Tax Inheritance tax is 'unfit for modern society' and should be abolished, says think tank

3w Alia Shoaib, Reporter
Rent-a-room relief – the survey says…

Personal Tax Rent-a-room relief – the survey says…

2m Helen Thornley, ATT Technical Officer
What should the OTS prioritise in its review of inheritance tax?

Personal Tax What should the OTS prioritise in its review of inheritance tax?

4m Alia Shoaib, Reporter
LITRG urges government to consider tax changes in disability work plan

Administration LITRG urges government to consider tax changes in disability work plan

5m Lucy Skoulding, Reporter
HMRC appeal rejected in Tottenham Hotspur case

Administration HMRC appeal rejected in Tottenham Hotspur case

6m Emma Smith, Managing Editor
HMRC urged to clarify impact of income allowances on Self-Assessments

Personal Tax HMRC urged to clarify impact of income allowances on Self-Assessments

7m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

8m Emma Rawson, ATT Technical Officer
Wealthy individuals could circumvent top tax rate rises

Personal Tax Wealthy individuals could circumvent top tax rate rises

9m Alia Shoaib, Reporter