Has anyone got their P60 handy?

(14 Posts)
ImperialBlether Mon 09-Jun-14 21:26:51

I've just been looking at mine and in the Pay field the salary is about £3000 less than I actually earn (or thought I earned!) If you have yours nearby, I'd be really glad if you could check it and see whether yours says the actual figure or a lower one. Thanks.

Picturesinthefirelight Mon 09-Jun-14 21:31:39

What's the figure on your last payslip of the tax year. They should be the same.

Katiebeau Mon 09-Jun-14 21:32:04

Do you do salary sacrifice for pension and or child care vouchers? That might explain it as it is not counted as taxable income.

ImperialBlether Mon 09-Jun-14 21:36:40

No, no salary sacrifice or childcare vouchers.

I don't have my payslip here; it's at work.

In the Section called Pay - Total For Year it gives this figure, £3,000 (roughly, not exactly) less than my salary. There's no student loan or anything like that.

Picturesinthefirelight Mon 09-Jun-14 21:37:55

Have you had any deductions for anything this year (unpaid leave, sick pay etc?

ImperialBlether Mon 09-Jun-14 21:39:37

No, nothing. It's been a very, very ordinary year.

Can they just get them wrong? I assume it's generated automatically by a computer somewhere, isn't it?

outtolunchagain Mon 09-Jun-14 21:40:35

Remember your P60 is for the tax year April to March.If you hag a changes in your rate of pay during the year then you will have a combination

Spinaroo Mon 09-Jun-14 21:43:45

There was another thread about this recently- the taxable pay on your p60 is your salary minus your pension contributions so yes, about 3-4k. Mine is too.

ImperialBlether Mon 09-Jun-14 21:46:40

But would it say total pay then?

I guess I'll see what the payslip says. Had a sudden hope I was being underpaid!!

SueDunome Mon 09-Jun-14 21:46:55

Are you in a pension scheme? Pension contributions are not taxable and so not included in the figure on your P60, which is taxable pay.

I think it's taxable pay, mine wS the same.

SueDunome Mon 09-Jun-14 21:48:45

X post. The figure out the P60 is taxable pay, not total pay.

Spinaroo Mon 09-Jun-14 21:49:53

Sorry- think the other poster thought she had been overpaid too.

ImperialBlether Mon 09-Jun-14 21:56:48

So my holiday's off then!

Thanks everyone.

Join the discussion

Join the discussion

Registering is free, easy, and means you can join in the discussion, get discounts, win prizes and lots more.

Register now