P45 Question

HenryHippo

I left my last job on 09/03/2017 with employer A

I start my new job with employer B on 11/04/2017

Tax year 2017/2018 starts on 06/04/17. So when I start Job B I won't actually have paid any income tax before my employement.

Employer B have asked for my P45, but employer A won't have paid me for tax year 2017/2018

Should I ask for a P45 from my old employer?

Should I explain that I haven't paid any income tax this year to employer B? Thanks

TBagpuss

Yes, ask for a P45. Your new employer has requested it, so even though it relats to the previous tax year it's appropriate to provide it. You may also need to give themwritten confirmation that you have not done any paid work in between.

Weakmoments

if you haven't got a p45 they should ask you questions regarding new starter info as p46 no longer applicable x

chrisbur

HenryHippo wrote: »

I left my last job on 09/03/2017 with employer A

I start my new job with employer B on 11/04/2017

Tax year 2017/2018 starts on 06/04/17. So when I start Job B I won't actually have paid any income tax before my employement.

Employer B have asked for my P45, but employer A won't have paid me for tax year 2017/2018

Should I ask for a P45 from my old employer?

Should I explain that I haven't paid any income tax this year to employer B? Thanks

For a few weeks into a new tax year a new employer can use the P45 issued in the last tax year for the tax code which they then update if required and use on a cumulative basis. Any pay and tax appearing on the P45 is ignored.
If you do not have a P45 you will be asked to make a starter declaration that this is your first employment and the new employer can then use the current emergency tax code on a cumulative basis.
If your current tax code is the same as the current emergency tax code (1100L) it will make no difference but if they are not the same and you want the old code to be used (updated for 2017/18 of course) then you will need to give them a P45.

This does assume that your new employer follows the correct procedure, not always the case.

Weakmoments

If they put you on BR or 0t just call HMRC and they will change it they usually make you wait 35 days from start date. But if you state financial hardship they will do it then. You need new employer PAYE ref, name, payroll no, your exact start date and estimation of your income xx

anamenottaken

When will your old employer provide your P45?
Have you actually terminated your employment there or simply stopped working?

HenryHippo

anamenottaken wrote: »

When will your old employer provide your P45?
Have you actually terminated your employment there or simply stopped working?

Terminated as of 9th March and not had a P45 in the post

Dazed_and_confused

Another thing to check is the tax paid on the job you've just finished.

If you're paid monthly then all should be correct as it seems your final payment will have been in the last month (month 12) of the tax year but if your old employer paid weekly you may have only been paid to maybe week 49 or 50 and won't have had the benefit of your last two weeks tax allowances.

As you're not getting paid by the new company in the 2016:17 tax year you would get a refund from HMRC later this year (or could initiate a refund yourself).