The tax year wrapped up on 5th April, and with it comes another important date for employers — P60s need to be issued to employees by 31st May 2025.
If we’re already supporting your payroll, the good news is: you’re covered. We’ll make sure your P60s are prepared and issued on time, so you stay compliant and stress-free.
If you’re an employer, this one’s for you. Let’s break it down (without putting you to sleep).
What is a P60?
A P60 is an official summary of someone’s earnings and deductions for the tax year. It includes:
• Total earnings for the year
• Income tax and National Insurance contributions paid
• Student loan repayments
• Statutory payments such as maternity or paternity pay
• The final tax code used
Employees typically utilise their P60s for:
• Claiming tax refunds
• Applying for mortgages or loans
• Verifying income for benefits or student loans
Who Needs to Receive a P60?
Anyone who was still on your books as of 5th April 2025 gets one. Whether they’re full-time, part-time, or working ad hoc hours, if they were on your payroll on that date, they need a P60.
Employees who left before that? They should’ve received a P45 at the time they left, so they’re all sorted.
The 31st May Deadline – No Extensions, No Excuses
Let’s be clear – 31st May is a hard deadline. HMRC isn’t known for being lenient on late paperwork, and missing it could mean penalties for your business. Not to mention, it’s never a good look when your team is asking, “Where’s my P60?” and you don’t have a solid answer.
Summary
📅 Deadline: P60s must be issued by 31st May 2025
👥 We’ll handle P60s for all employees still on payroll as of 5th April
📥 Digital or paper formats are both acceptable
⚠️ Late P60s = possible HMRC penalties and unnecessary stress
Need help?
If we’re not already handling your payroll and you’d like us to take this off your plate, just drop us a message, we’re happy to help!
