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P45 last day of work 1st April Paid Monthly - tax year to 5th April - which tax year should P45 show
michaels
Posts: 29,564 Forumite
in Cutting tax
So I am paid monthly, my last day in my old job was 1st April.
I have been sent a P45 showing my leaving date as 1st April and my total year to date pay being the pay for 1 day, 1st April.
Seems to me as my leaving date was in the 21/22 tax year as before the 5th April then the P45 should show my earnings in the 21/22 tax year?
Plus not sure of the status of the 1st April pay as I did not get it until the end of April as part of the normal monthly salary run.
Any thoughts?
I have been sent a P45 showing my leaving date as 1st April and my total year to date pay being the pay for 1 day, 1st April.
Seems to me as my leaving date was in the 21/22 tax year as before the 5th April then the P45 should show my earnings in the 21/22 tax year?
Plus not sure of the status of the 1st April pay as I did not get it until the end of April as part of the normal monthly salary run.
Any thoughts?
I think....
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Comments
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The payroll was run and you were paid in the 22/23 tax year.
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That's the sort of thing that thoroughly confuses HMRC!michaels said:So I am paid monthly, my last day in my old job was 1st April.
I have been sent a P45 showing my leaving date as 1st April and my total year to date pay being the pay for 1 day, 1st April.
Seems to me as my leaving date was in the 21/22 tax year as before the 5th April then the P45 should show my earnings in the 21/22 tax year?
Plus not sure of the status of the 1st April pay as I did not get it until the end of April as part of the normal monthly salary run.
Any thoughts?
I presume you mean you were just paid at the end of April, i.e. in the 2022:23 tax year.
So your P45 shows the correct total pay and tax for the tax year you received the final payment in. But for whatever reason your employer has reported a leaving date in a different tax year 🤔
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Both correct. Payroll was in 22/23 but leaving date is in 21/22.I think....0
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I think you have misread that. The P45 only shows 1 day pay for 1 April paid in 22/23.Dazed_and_C0nfused said:
That's the sort of thing that thoroughly confuses HMRC!michaels said:So I am paid monthly, my last day in my old job was 1st April.
I have been sent a P45 showing my leaving date as 1st April and my total year to date pay being the pay for 1 day, 1st April.
Seems to me as my leaving date was in the 21/22 tax year as before the 5th April then the P45 should show my earnings in the 21/22 tax year?
Plus not sure of the status of the 1st April pay as I did not get it until the end of April as part of the normal monthly salary run.
Any thoughts?
I presume you mean you were just paid at the end of April, i.e. in the 2022:23 tax year.
So your P45 shows the correct total pay and tax for the tax year you received the final payment in. But for whatever reason your employer has reported a leaving date in a different tax year 🤔
I have been sent a P45 showing my leaving date as 1st April and my total year to date pay being the pay for 1 day, 1st April.
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AIUI the P45 would show something like this,
DOL 01/04/2022
Pay £100
Tax £0.00
Which is confusing as the DOL is from one tax year (2021:22) whilst the pay is relating to a payment made in 2022:23.
The Real Time Information report will no doubt show up in 2022:23 in the ops Personal Tax Account but that doesn't stop the P45 from being confusing.1
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