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P60 form deadline is approaching – what you need to know

Summary by City AM
Employers are required to issue a P60 form by May 31 – but what is the form actually for, and what happens if your employer misses the deadline?  If you’ve been employed for some time, you’ll have heard of a P60, but understanding what it is and why it matters is vital. If you’re an employer, it’s key to stay on top of the deadline to avoid a fine from HMRC.  A P60 shows the amount of tax you’ve paid for the tax year. Tax years run from April 6 …
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City AM broke the news in London, United Kingdom on Friday, May 23, 2025.
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