HMRC hinted in a recent note to payroll system developers that a redesign of the P60 was under consideration for the 2011/12 year end. After considering possible improvements and listening to developer feedback, the decision has been made not to change the format.
Prior to tax year 2011/12, the P60 End of Year Certificate (the employee copy of the P14) could only be issued in paper form, even though employer’s P35 and P14 Returns could be filed online. That restriction was removed by amendment regulations and, from the end of the 2010/11 tax year, employers may, if they [...]
HMRC has released draft versions of form P11, P32, P14 and P60 for the 2011/12 tax year for the use of payroll software developers. They show the way in which the NICs-related changes are being handled on these paper documents. The split of NICable earnings (columns 1a to 1d), as already announced, uses the lower [...]
Two weeks ago we quoted an announcement that was sent to payroll software developers on 30 November. Although not specific, it gave the impression that only two versions of form P60 will be available from the Orderline for 2010/11. The newly published Notes for Payroll System Developers makes it clear that this change relates to [...]
In October, HMRC announced that the paper P14 for 2010/11, which very few employers are permitted to use, will be a two-part form, the second part of which is the P60 for the employee. A further announcement to payroll software developers indicates that only two versions of the P60 will be available from the Orderline [...]