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Keeping past payslips

How far back is it advisable to keep payslips?

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Comments

  • Stevie_Palimo
    Stevie_Palimo Posts: 3,306 Forumite
    1,000 Posts Combo Breaker
    As long as you want, If you are paying all the tax required then a few years is going to be fine, I'd keep at least 5-6 years of the p60's though, I have an old box of stuff going back years and have no clue why it is still kept tbh.


    Normally if applying for a loan, mortgage they would ask for maybe 3-6 months at most but your p60 states the yearly amount and I have tons of these from over the years and again have no clue why but think it is laziness not to bother burning them.
  • Mupette
    Mupette Posts: 4,599 Forumite
    I kept mine for about 6 years, same with bills, council tax etc
    GNU
    Terry Pratchett
    ((((Ripples))))
  • Cycrow
    Cycrow Posts: 2,639 Forumite
    you only really need to keep them for a year as you will get a p60 each year which will detail all your pay, so you only really need them for the current tax year
  • Cycrow wrote: »
    you only really need to keep them for a year as you will get a p60 each year which will detail all your pay, so you only really need them for the current tax year
    A p60 only summarizes pay, it does not detail it.

    Debts can be recovered as far back as 6 years, so if there is some kind of argument with an employer about overpayment, 6 years payslips would be more handy than the p60s.
  • I used to keep them for one year and check that the totals were correct and matched the P60s, then shred them after scanning them just in case.
    Who having known the diamond will concern himself with glass?

    Rudyard Kipling


  • getmore4less
    getmore4less Posts: 46,882 Forumite
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    I have kept all mine back to summer jobs while at school.

    They take so little room why not keep them to show the kids.
    I have a box file and it is not full and would not get full with 60 years worth if I ever do that many years.

    One day I might go through and do a how much have I ever earned and do a current value analysis.
  • 27col
    27col Posts: 6,554 Forumite
    I've got payslips going back to long before I retired from the Civil Service in 1998, and many from the job that I did for 8 years afterwards. Very interesting reading.
    I can afford anything that I want.
    Just so long as I don't want much.
  • Dan-Dan
    Dan-Dan Posts: 5,279 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I have kept all mine back to summer jobs while at school.

    They take so little room why not keep them to show the kids.
    I have a box file and it is not full and would not get full with 60 years worth if I ever do that many years.

    One day I might go through and do a how much have I ever earned and do a current value analysis.

    Hmmmm , lucky kids , no park/cinema/bowling/walk with the dogs today kids , were going through my old pay slips! :D
    Never, under any circumstances, take a sleeping pill and a laxative on the same night.
  • Intoodeep
    Intoodeep Posts: 1,687 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    32 years in job, got the lot since day 1.
  • xapprenticex
    xapprenticex Posts: 1,760 Forumite
    i dont bother with them
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