Answers · UK 2025/26
What is the difference between P60, P45 and P11D?
P60 = annual summary of tax/NI paid (issued after tax year end, 31 May at latest). P45 = leaving certificate from your employer (issued when you leave a job). P11D = annual report of taxable Benefits-in-Kind from your employer (issued by 6 July).
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Three UK tax forms commonly issued to employees. P60 — end-of-year summary of total pay, Income Tax and National Insurance deducted in the tax year. Issued by 31 May after the tax year end. Keep it as proof of income for mortgages, loans and Self Assessment. P45 — leaving certificate issued when you stop working for an employer. Three-part form: Part 1 goes to HMRC, Part 1A is your copy, Parts 2 and 3 go to your next employer (or you keep them for Job Seeker's Allowance). Shows tax code, total pay and tax to date, plus leaving date. Critical for avoiding emergency tax in your next job. P11D — annual report of taxable Benefits-in-Kind (company car, private medical, gym, interest-free loans over £10k). Issued by 6 July following the tax year. Most BIK now "payrolled" via PAYE in real-time — by April 2026 payrolling will be mandatory for most benefits.
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This answer is informational only and does not constitute financial, tax or legal advice. Figures are for the 2025/26 UK tax year. See our methodology and sources.