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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.

PotteringAlong Mon 09-Jun-14 21:47:35

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.

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