P45

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:29AM in AAT student discussion
I have just been given 2 p45's by a new employee

1 is dated 03/07/06 and has a 503L tax code and figure payed to date the 2nd is dated 28/01/2007 with a code of BR and £1000 pay to date £220 tax to date.

Can I use the old P45 or do I have to take the most recent P45 figures and code

I was studying this last night and this didn't come up but I have a feeling I can only use the most recent P45

Thanks for any help

Jackie

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:P45

    You are correct you can only use the most recent P45
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:P45

    I decided to ignore both P45s and give the person a P46 to complete.

    Jackeie
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:P45

    Sorry Jackie I'm a bit worried that you've done that as the latest P45 shows BR tax.

    If you have used the emergency tax code then you could be under taxing this employee.

    Gill

  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:P45

    Definately use the most recent P45. P46 is for when they don't give you a P45! You can phone Inland Revenue too - they are very helpful with any queries you have and don't keep you waiting on the phone long either.

    New employers helpline - 0845 6070 143
    Employers helpline (for more experienced employers) 0845 7143 143
  • System
    System Posts: 100,534 🤖 Admin 🤖
    Re:P45

    You need to use the most recent P45 that the employee has given you.

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