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P60 Form

P60 Form

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How to read p60

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Instructions and help about p60 forms

hi I'm John O'Connor from red oak and welcome to the first video in our tax essential series in these videos I'll be explaining some basic concepts of PA ye tax so to start let's take a look at that most important of tax documents the p60 if you're an employee of a company you'll get a page 60 at the end of the calendar year most companies will hand these out during January or February at the end of the year every company has to give revenue details of the wages they paid you including all the deductions that were made the P 60 is your copy of this information it also gives little information on how your employer calculated your taxes let's take a look at a p60 to see first the P 60 confirms your information your name and PPS sometimes number your address down below it also confirms your employer name and their revenue ID next we find out about your pay section a here outlines the amount to pay used to calculate your income tax charge section D tells us the amount of pay which is used

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