P60

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karendwickhama

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Post by karendwickhama » Tue Dec 24, 2013 10:26 pm
I submit my P60 at every Annual review - what does my IP use it for?

My review is usually in January so my P60 is 10 months old by the time I have to send it so doesn't reflect my current year's earnings?!
 
 

Foggy

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Post by Foggy » Wed Dec 25, 2013 10:34 am
Hi Karen --- it is down to timing really. You are just a little out of step. Your original income would have been based on a 10 month old figure too. The P60's just reflect one year to the next and really are to confirm that you didn't have any undeclared or overlooked additional pay the previous year.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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