Year-end Reporting – Electronic P60s

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In last week’s newsletter we made reference to changes to the PAYE Regulations that will allow P60 End of Year Certificates to be issued to employees electronically rather than only in paper form.  The text of the legislative change (Regulation 13 in the amendment Regulations) indicates that, although the amendment Regulations come into force on 6 April 2010, the relaxation in the P60 rules applies in respect of the 2010/11 tax year.

We asked HMRC to confirm that P60s cannot be issued electronically for this coming tax year end and we received the following response:

Regulation 13 deals with the amendments to allow electronic P60s and the amendments will apply only in relation to 2010/11 onwards.  This means that the first electronic P60s employers can provide, if they chose to do so, will be those for 2010/11.  We wanted to give employers, software developers etc a year’s warning of the changes and we also wanted time to develop the appropriate employer guidance.

Further information:

The Income Tax (Pay As You Earn) (Amendment) Regulations 2010

Explanatory Memorandum to the Income Tax (Pay As You Earn) (Amendment) Regulations 2010

This entry was posted on Thursday, March 25th, 2010 at 10:25 and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.