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  • FIRST POST
    • Goldust
    • By Goldust 10th Aug 18, 4:28 PM
    • 432Posts
    • 107Thanks
    Goldust
    P60s - big problem if I lost it?
    • #1
    • 10th Aug 18, 4:28 PM
    P60s - big problem if I lost it? 10th Aug 18 at 4:28 PM
    Hi,


    The wife has been having a mass clearout and she's shredded all my old payslips going back many years (which is fine).


    However I suspect she's also destroyed my P60s of which I did have most of them going back to when I started employment.


    I know it's the kind of thing people like to hoard but is this the end of the world? My current employer of the last 3 years sends everything electronically so I have all payslips and P60s since then.


    All I can think of it is may be useful to work out NI contributions but surely HMRC have this on file somewhere? I can't un-shred them obviously but just wondered whether I should try to find the rest of them or just let her get on with it.
Page 1
    • Comms69
    • By Comms69 10th Aug 18, 4:33 PM
    • 5,770 Posts
    • 5,948 Thanks
    Comms69
    • #2
    • 10th Aug 18, 4:33 PM
    • #2
    • 10th Aug 18, 4:33 PM
    I've shredded everyone ive received (or burnt) once ive checked it is correct.
    • McKneff
    • By McKneff 10th Aug 18, 4:38 PM
    • 36,277 Posts
    • 46,740 Thanks
    McKneff
    • #3
    • 10th Aug 18, 4:38 PM
    • #3
    • 10th Aug 18, 4:38 PM
    I just normally kept the latest one, burnt all the rest after thay year. They are of no use to you
    make the most of it, we are only here for the weekend.
    and we will never, ever return.
    • agrinnall
    • By agrinnall 10th Aug 18, 5:08 PM
    • 21,683 Posts
    • 17,550 Thanks
    agrinnall
    • #4
    • 10th Aug 18, 5:08 PM
    • #4
    • 10th Aug 18, 5:08 PM
    I on the other hand have both payslips and P60s going back to at least 2003. For the P60 in particular if you need it the only place to get it is from your own files, so destroying it is quite risky. Some people scan and keep them on their computer, which is a good alternative if you are short of space (although how short of space you have to be to not keep a few pieces of paper I don't know).
    • Goldust
    • By Goldust 10th Aug 18, 5:14 PM
    • 432 Posts
    • 107 Thanks
    Goldust
    • #5
    • 10th Aug 18, 5:14 PM
    • #5
    • 10th Aug 18, 5:14 PM
    But what do you need it for? I salvaged a few from the past 15 years but around half are gone (I have all of the last 5 years).


    I'm not clear what possible use it is and in terms of NI contributions I'm sure HMRC have a record of that if I really needed it.
    • GreenTreen123
    • By GreenTreen123 10th Aug 18, 5:15 PM
    • 105 Posts
    • 39 Thanks
    GreenTreen123
    • #6
    • 10th Aug 18, 5:15 PM
    • #6
    • 10th Aug 18, 5:15 PM
    You don!!!8217;t need it.
    • LilElvis
    • By LilElvis 10th Aug 18, 6:30 PM
    • 3,968 Posts
    • 10,699 Thanks
    LilElvis
    • #7
    • 10th Aug 18, 6:30 PM
    • #7
    • 10th Aug 18, 6:30 PM
    I keep everything for at least 6 years and I have had cause to use them. A few years ago my husband's notice of coding was adjusted to reflect an estimated underpayment, which should therefore have resolved itself on submission of his self assessment. It didnt, HMRC screwed it up and doubled the error. Without the numerous notices of coding, copies of returns P11Ds and P60s it would have been nigh on impossible to walk them through the problem. Even then it took several months to resolve and receive the refund. It's a handful of paperwork and I'm glad I had it all filed away. Currently trying to get them to acknowledge the change in his company car in January - more fun because it means his 17/18 P11D is incorrect, as is his current tax code.
    • agrinnall
    • By agrinnall 10th Aug 18, 8:51 PM
    • 21,683 Posts
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    agrinnall
    • #8
    • 10th Aug 18, 8:51 PM
    • #8
    • 10th Aug 18, 8:51 PM
    But what do you need it for?
    Originally posted by Goldust

    If you search this board and the Cutting Tax one for P60 I think it's likely that a significant proportion of threads will be from people who need a historic P60 but no longer have it and are asking what they can do about it - and the answer is "not much", because it can't be reissued.
    • Kynthia
    • By Kynthia 10th Aug 18, 9:57 PM
    • 5,383 Posts
    • 7,528 Thanks
    Kynthia
    • #9
    • 10th Aug 18, 9:57 PM
    • #9
    • 10th Aug 18, 9:57 PM
    I've been told by someone working in pensions that it's a good idea to keep your p60s for life. They can be very useful if you ever need to prove when you were employed and by who. I know people who have used them to track down pensions they've had with old employers, prove they were employed for a length of time to ensure they get the correct final salary pension (which is based on years of employment), disprove claims they weren't in the employers scheme by showing the pension deductions on their p60, etc.

    There may be other reasons to keep them in addition to this. Perhaps to prove you have made NI contributions to qualify for a state pension should the HMRC have incorrect data or lose yiur records.
    Don't listen to me, I'm no expert!
    • p00hsticks
    • By p00hsticks 10th Aug 18, 11:45 PM
    • 6,536 Posts
    • 7,083 Thanks
    p00hsticks
    If you use the Government Gateway to log into your personal tax accout (e.g to provide bank details for any tax rebate) then in the event of needing a password reset you may be asked to provide details from a recent P60 to verify your identity.
    • General Grant
    • By General Grant 11th Aug 18, 3:20 PM
    • 796 Posts
    • 863 Thanks
    General Grant
    If you search this board and the Cutting Tax one for P60 I think it's likely that a significant proportion of threads will be from people who need a historic P60 but no longer have it and are asking what they can do about it - and the answer is "not much", because it can't be reissued.
    Originally posted by agrinnall
    Unlike P45 forms, P60 forms can be reissued (marked as copies).

    But it requires the employer to have kept the records for the relevant year and they may make a charge for their costs.
    • TELLIT01
    • By TELLIT01 11th Aug 18, 4:10 PM
    • 5,656 Posts
    • 6,360 Thanks
    TELLIT01
    General advice is to retain anything broadly tax related for 6 years. That's what I did prior to retirement.
    • badmemory
    • By badmemory 11th Aug 18, 5:55 PM
    • 2,265 Posts
    • 3,290 Thanks
    badmemory
    If you have your P60s & HMRC say you didn't pay NI for a few years so your state pension is not full your P60 will prove that you did pay & your employer didn't which means they will count those years. Need to prove you worked in this country during those years, P60.


    If you have always worked for large employers then it most likely won't matter
    • eamon
    • By eamon 12th Aug 18, 10:40 AM
    • 1,688 Posts
    • 1,196 Thanks
    eamon
    In light of what has happened to many of the Windrush generation and current governments fixation on creating a hostile environment, then I would suggest keeping everything and guard your data carefully.
    Being white with a Brummie, Scouse, Geordie (other regional accents are available) accent may not be enough to prove entitlement to be here.legally.
    • dori2o
    • By dori2o 14th Aug 18, 12:16 AM
    • 7,776 Posts
    • 13,047 Thanks
    dori2o
    You should keep them for at least 6 years, especially if you complete self assessment forms, or claim job expenses, in which case you should keep all receipts/mileage logs etc for the same period.

    The same applies for those who are self employed. Whilst they won't have P60's, they should keep all invoices, receipts, etc etc (anything used to confirm taxable income, expenses etc) for 6 years.
    To equate judgement and wisdom with occupation is at best . . . insulting.
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