How long should you keep payslips for?

alyth

I know you need to keep all your P60s, but how long realistically should you keep pay slips for - I've just been looking for something and realised I have pay slips going back 8 years!

Thanks.

emmy05

haha i get paid monthly and have kept them all from 2 yrs ago, i always keep them when im working at the same place, but im pretty sure you only really need to make sure you keep about 3 months isnt it when you want a mortgage etc x

sandiep

The revenue advise you to keep records for 5 years, for PAYE i'd advise 3years. I know someone who is still disputing with the revenue their tax re a company car from 2003-4. I would keep the P60 (end of year certificates) for 5-7 years.

julesmum23

Someone I knew had an awful time when it came to retirement, the wrong ni number had been used by someone else for years.

She kept everything re p60s etc from leaving school so luckily got it sorted and back pay.

Would have been very hard to prove if no paperwork. I would say p60s for life.

clarefrances84

you need to keep payslips for 12 months until you check all deductions match your P60. You can then get rid of them, unless you are keeping them for mortgage/credit reason but really no need to keep them any longer.

You need to keep P60's for life!!!!

maninthestreet

I have just about all my payslips going back to when I first started work after leaving university in 1985. I think my first payslip shows I took home just under £500 for my first month's pay. My salary then was £8,500 p.a

browneyes78

I think you should keep payslips for 6 years (definitely if self employed)

Retired_I.F.A.

Since when were the self employed issued with a payslip roflmao!

Keep them as long as you want to a week a month a year whatever there is no reason other than checking the contents of the wage packet match whats printed on the payslip and that the calculations are correct to keep them any longer.

Jennjenn

I just wondered the same. As I am about to move house, I would like to get rid of some of the unused mountains of paper in my office. As my husband is paid weekly, he receives a payslip every week.
Looking at all your answers, it seems there is no rule whatsoever to keep them, once you got the P60 for the last taxyear. So might go and get rid of some old ones