P60 vs P45: what’s the difference?

Short answer

A P60 is a summary of your pay and the tax you paid on it over the whole tax year, given by 31 May to everyone still working for the employer on 5 April. A P45 is given when you leave a job and shows your pay and tax from 6 April to your leaving date, so your next employer can tax you correctly.

Updated 23 September 2026

Side by side

P60 and P45 compared
P60P45
When you get itBy 31 May, if you’re working for the employer on 5 AprilWhen you stop working for the employer
CoversThe whole tax year (6 April to 5 April)6 April to your leaving date
ShowsThe tax you’ve paid on your salary in the tax yearLeaving date, total pay and tax so far, tax code, National Insurance number
What to do with itKeep it; use it to prove the tax you paidGive Parts 2 and 3 to your new employer; keep Part 1a

P60

GOV.UK: “Your P60 shows the tax you’ve paid on your salary in the tax year (6 April to 5 April).” Your employer must give it to you by 31 May, on paper or electronically, if you work for them on 5 April. You may need it to claim back overpaid tax or to show how much tax you paid.

P45

When you leave a job, your employer gives you a P45. It shows your leaving date, your total pay and tax from 6 April to that date, and your tax code. Your new employer uses it to work out how much tax to take from your pay. With a paper P45 you give Parts 2 and 3 to the new employer and keep Part 1a.

If you start a job without a P45, GOV.UK says to fill in the starter checklist instead.

How they relate to your payslips

Your payslips cover one pay period each. The year-to-date figures on your last payslip of the tax year should match your P60; the figures on your last payslip before leaving should match your P45.

Questions

I’ve lost my P60. What can I do?

Ask your employer for a copy, or view your pay and tax details for recent tax years in your HMRC personal tax account or the HMRC app.

Sources

Official sources checked 23 September 2026. This guide explains how pay documents work; it is not tax or legal advice.