P45 Form Tax Questions and New Employee P45 Forms in UK

1. A new employer should ask a new employeeThe employer should enquire if the employee had
to copmplete a P46 form if that employee doesany earnings since the P45 leaving date in case
not have a P45. The P46 form is used to obtainthere has been other earnings, for example, the
the employee details and should be sent to theemployee may have been registered unemployed
local PAYE tax office on the date employmentand received social security payments which
starts. If the employee has ticked box A or B thewould reduce the tax refund required and the
employer can retain the P46 until the newsocial services would be issuing an updated P45
employee earnings reach the lower earnings limit.showing the cumulative earnings to date.
2. P45 forms are in four parts, part 1 is retained7. If the leaving date is different to the week or
by the issuing employer and the employee retainsmonth number shown on the P45 tax is calculated
part 1 A and should hand parts 2 and 3 to theby using that week or month number for your
new employer. The new employer cannot use theemployer PAYE records but also check that the
P45 tax details unless both parts are handed over.income tax deducted is correct.
If either part 2 or 3 of the P45 form is missing8. When an employee is paid by a new employer
then the employee must be asked to completein the same pay period as the previous employer,
the Inland Revenue P46 form.which can happen for example when a previous
3. The employer retains part 2 and enters detailsemployer paid weekly and the new employer
of the employee and previous earnings, taxmonthly, the tax deducted may well be higher
deducted and tax code into the PAYE records.than normal due to the previous employer already
Part 3 is sent to the PAYE tax officetaking account of the employee personal
4. A new employee may hand an employer twoallowance.
P45 forms in which case send both part 3 to the9. There are circumstances when a different tax
PAYE tax office and use the P45 tax formcode to that shown on the form may be
showing the highest earnings for the PAYEapplicable. If the P45 was dated before 7
records. If the employer is uncertain contact theSeptember 2008 and the employee joins after 7
PAYE tax office for advice.September add 60 to the tax code ending with
5. HMRC tax office issue a P6 form aftertax code suffix L. For example 543L would be
receiiving the P46 form which advises thechanged to 603L. No change is required if the P45
employer which tax code is to be used. If thewas dated after 7 September 2008.
employee produces a P45 late but received priorIf the employees P45 is from the previous tax
to receiving the P6 from HMRC an employeryear the in addition to using the tax code stated
should use the tax code, earnings and tax paid tothat employee should also be put on the
date as shown on the P45, providing the formemergency code, week one, month one basis
contains a leaving date in the current financialusing the tax code 543L prior to 7 September
year. If the P6 form has already been receivedand 603l after.
from the tax office then the P45 is irrelevant,10. The P45 forms can be submitted to the PAYE
filed and ignored for tax purposes.tax office online provided the employer is
6. If there is a time difference between theregistered with HMRC to file PAYE forms online.
leaving date and new start date the first payHMRC provide free online return services for
date may result in a tax refund. It is important toonline submissions.
check previous income tax deducted was correct.