My P45 - EXPLAINED
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- Опубліковано 30 тра 2019
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If you leave an employment, they will give you a leaver form P45. The video explains what the form is for and what to do with it.
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Thank you. Very well explained.
Thank you it was very useful for me
Thank you so much, your information is very helpful.
No worries!
Thanks for clarifying the difference between the P45 and the P60.
Peace & Love, Queen Ester, UK
Hey thanks for this information..where do u leave in the UK.
Dont give your New Employer Your P45 from your last company straight away 9(keep it back for few days).
You might find out that you dont like the new job this then they cannot process it and avoids any awkward and you can just leave without any comebacks.
Hi, thanks for the video.
Quick question: A close friend of mine left her job at the end of last year, took a break for 2 month and joined a company in March 23’. It didnt work out for her and she didnt pass the probation. Now she is in a position where she got another role and the new employer is asking for P45. However, she never mentioned about her journey with a company she got let go from!l during the interview process!
1. What P45 shall she provide in this case?
2. If she provides a P45 from her employer from 2022 (one she left in December), would this effect her overall net salary from her new employer in 2023?
Hi, A P45 from a previous tax year is of no use to a new employer. If your friend has a P45 for the current tax year then that is the one she should give to her new employer. If she doesn’t have a P45 for the current tax year then she should say that to her new employer and they will ask her to complete a form P46 Starter instead.
Hi Julius, I retired four years ago and received my p45. I have not worked since and recently I cashed all of my pension pot. Why my pension agent gave me a P45? It gave HMRC the impression I was under employment when I wasn’t.
Hi, HMRC will know that the income is from a pension scheme rather than employment. Pension schemes give you pay slips, P60s and P45s in the same way as employers. As you cashed in your pension you have effectively left the scheme, so you got a form P45. I hope this helps!
Is the 'Total tax to date' include just PAYE contributions or national insurance contributions during that employment as well?
Hi, it is only PAYE contributions.
Thank you so much
I left my job before 6th april 2020
And i started a new job 28 February 2021
Should i give my new employer the out of date p45 or fill out a new checklist ?
Thank you
Hi Omdi, fill out a new starter checklist. Just keep your old P45. I hope this helps :)
I have a p45 need to send into HMRC to update there Record . Which part do I send in ? If you can help me ? Would much a Appreciate the help. Not had to do this before.
Hi Karen, Your previous employer will have given HMRC all they need. You only need to pass your P45 to your new employer. I hope this helps!
Thanks for the information but I do have a question I hope to get a reply . I worked for an agency only for 1 day and I got another job after 1 week with a better company . Now am working there I received the p45 letter do I have to give it to my employer and if yes does that mean I will be tax for that 1 day and my full payment with the new employee will be less ?
Hi, yes you have to give it to your employer, and yes that is correct!
Hi on number 7 where it says: Last entries on Payroll record/Deductions Working Sheet.
Complete only if Tax Code is cumulative. If there is an 'X'
at box 6 there will be no entries here. What does the Week number mean?
Hi Joy, that number is the tax week number in which the employment ended. I hope this helps :)
@@basicfinancials7654 Thank you
hi., i have P45 from my previous imployer, but unfortunately since I started work my new employer I didn’t give right away. that’s why my new imployer don’t have details about my tax code and they give as BR or emergency tax code. then I already submit my P45 to my employer now. can you give me an advice if do i need call Hrmc to update my tax code and also refund. or the employer can fix my concern.thank you and advance
Hi, just wait for a bit and it is likely to sort itself out via your new employer. If this relates to income before 5 April 23 then context HMRC.
I had one full time job and one job evening at the same time. However I left left them both at the same time and now just have one employer. They have asked for a P45, do I give both P45’s or just one?
Hi Sam, give them both to your employer 😁
Hi.. I landed in UK in Jan 2022 and I started working with an agency in Feb 2022. My tax code was 1257L. Since my performance was good the client company took me on their payroll in May 22 but dnt ask me for P45. My current tax code is 0T. Due to this flat 20% tax is getting deducted. Also now I got a good opportunity in another company and I am going to join it next month. How should I get my tax code corrected with next company? Will I get a tax refund for extra tax deducted ? Appreciate your guidance 👍
Hi, give both forms P45 to the new employer. Keep copies and call HMRC to explain. The overpaid tax should work itself out in the pay from your new employer.
there are some blank boxes on the p45, am I supposed to fill those in or is that for the new employer to fill in?
Hi, the new employer will fill these out
Hi.
I hope you’re replying back
Actually I worked with agency but they would not provide a continuous shift so I changed a Job with another agency. But I actually don’t know the process of p45 because I’m new in UK. I just asked to agency what happened with my pay they said you should provide p45 then they will correct my tax code. Now my concern is that I don’t have p45 right now so what should I have to do. If I provide this form later like after a week Will they refund for every week or not. Please tell me I want to know
Hi, Yes they will refund you. Give them the P45 as soon as you can. Things are done on a cumulative basis, so you will be refunded what is due within your pay.
Hi… can I still work for my former employer as a part time job after getting a P45 from them to give to my new employer?
Hi, If you continue to work for your previous employer then they will need to put you back on their payroll and that will be your second job.
I forgot my reganto password and can’t provide my p45, what can I do? can my old employer print out a p45 for me, or how to open my reganto, please tell me!
Hi, Yes your previous employer will be able to give you a copy of the P45.
i worked seasonl job, im not from uk , so how can i claim back my overpaid tax from other country ?
if im not gonna work ,or coming back to uk ?
Hi Rudolf, my advice would be to write to the tax office and enclose evidence of income and tax paid.
I left a job (let’s call it job1) a few years ago and got another job (let’s call it job2) i eventually left job2 and got the p45 but haven’t received a p45 from job1. What should I do?
Hi, don’t do anything as it was a few years ago. There is no action required.
Hi...3 months ago i started my current job, but i forget to give p45 to my recent company, and my tax is '656t M1' .
So my question is, it compulsory to send courier of P45 to HMRC and how to get change tax code ?
Hi, You don’t send the P45 to HMRC, it is all dealt with by your employer. If your March payroll hasn’t been processed yet you might be able to get your P45 to your employer in time for them to deal with it. Otherwise give the P45 to your employer anyway, but it won’t make any difference because we will have gone passed the tax year end. In this case HMRC should send you a calculation at some point showing if you have underpaid or overpaid tax. I hope this helps!
@@basicfinancials7654 i have informed HMRC to Update my tax code to 1275L
But it will applicable from April.
Till then if any amount of tax is been over deduct, they will send by post to my house.
@@basicfinancials7654 very helpful mate.
Appreciate your effort. ✌
I stop working from march i got a p45 form from my employer can I still use it for tax refund?
Hi, you can use the form as evidence of pay and tax deducted if you want to make a claim to HMRC to claim back overpaid tax. But you won’t be able to give it to a new employer now to reclaim through the payroll because that tax year already ended on 5 April.
Hi! I have worked for a company from November 2020 and I leaving this company 30/04/2022. Can I request the refund tax? Thanks in advance.
Hi Taiana, You will get a leaver form P45. Give this to your new employer. You will then end up paying the right amount of tax. If you don’t earn any more in the tax year to 5 April 2022 you can claim tax back from HMRC.
I accidentally started to fill the part 2 by myself instead of new employer. Can I still send to new employer
Hi, yes, they will just carry on from where you stopped.
Hi, I been made redundant on 25th March .. I do have my P45.. I would be able to recive any tax refund since I haven't claimed any benefits and I haven't started any job since?!..is been like over 4 months now..and what are the steps pls.. thank you
Hi, As your P45 was at the end of the tax year, you have probably paid the right tax. You could call HMRC and ask them to check. There won’t be a refund for the current tax year as you have not paid any tax yet this tax year. I hope this helps!
@@basicfinancials7654 I understand, thank you for time😊
I left (tupe) a company on the 30th of April and recieved a p45. Am I correct in saying the p45 should only show what I earned in that tax period between the 5th and the 30th? It looks like theyve added the previous months pay into it. For example the work I did in March that got paid in April as well as the work I did in April up until I left...
Hi JB. Payroll works on payment dates rather than when you did the work. So your P45 should include payments made between 6 April and your final payment.
@@basicfinancials7654 Ah ok. Thanks for clarifying that, much appreciated!
When i applied for my p45 they return me 60GBP and then i started anther job what should i email them to let them know i have P45 so they can return my this job amount?
Hi, you should give or email the P45 to your new employer. I hope this helps 😊
I ask Nawaz Sharieff false government how is possible my mother receives a P45 when she is 66 and never worked in her life , this is clearly Ishaal has used a false date of birth at a speed dating event by one year N saleem this is clearly why my mother has survived of only £40 , these are sick people who are criminal entrepreneurs who prey on others people basic rights , Pakistan needs to back its real nadra card holders and not those who have number 2 badges ..
Hi Kashif, Yes, that seems strange. It is sad that we all have to be so careful these days. I hope your Mother is alright.
I am from india. I am B.com Graduate with 3year experience in IT DEpartment. Want to job in uk .what can i do?
Hi, I would recommend going on a uk based jobs website and start applying!