P60

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For protein sometimes referred to as P60, see Hop (protein).

In the UK and Ireland, P60 (End of Year Certificate) is a statement issued to taxpayers at the end of a tax year.

In the UK, it details a taxpayer's taxable income and deductions made by PAYE (both for income tax and National Insurance contributions) for that year. It is the third part of a triplicate form, the front two parts being P14 (End of Year Summary). P14 part 1 is sent to the Contributions Office, P14 part 2 is retained by the tax office with which the PAYE scheme is registered, and P60 (never referred to as P14 part 3) is issued to the taxpayer.

It is important a taxpayer does not destroy the P60 forms issued to them, as they form a vital part of the proof that tax has been paid.