Chapter 3 - 3.3 - PAYE Forms

Question 1

What does the employer complete for each employee at the end of the tax year?

Answer 1

Form P60

Question 2

What does the form P60 contain?

Answer 2

The following details for the tax year:
- gross pay
- tax deducted
- NICs paid by both employee and employer

Question 3

When must the employer supply a P60 to each employee by?

Answer 3

By 31 May following the end of the tax year

Question 4

What must an employer provide HMRC with during the tax year and how?

Answer 4

They must provide HMRC with details of the benefits provided to each employee during the tax year using form P11D

Question 5

When must the employer submit the form P11D to HMRC by, and what must they do additionally?

Answer 5

They must submit form P11D to HMRC by 6 July following the end of the tax year, and provide a copy to the employee by that date

Question 6

What is a fact we must remember about P11D?

Answer 6

A full P11D is not required for the benefits that are payrolled, but the employer must submit a P11D(b) showing the cash equivalent of these benefits

Question 7

What is form P45?

Answer 7

A four part form used when an employee leaves

Question 8

What does form P45 contain?

Answer 8

A summary of taxable pay, tax and NIC deduced as well as an employer’s NI contributions for the employee, up to the date of leaving

Question 9

Why are no details on form P45 provided in the tax tables?

Answer 9

Because no information on the P45 needs to be submitted to HMRC. Instead, the employer will include the leaving date in the FPS for period in which the final payment is made