/ Annual Tax Summary and P60

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owlart - on 19:24 Mon

Maybe an obvious question, but I couldn't quickly find an answer via Google - should the figures on my Annual Tax Summary sent from HMRC match the figures on my P60 issued by my employer for taxable income and tax paid? There's not been anything noteworthy happened in my tax affairs in the last year, and I only have the one job. As it is, my P60 shows a taxable income around £1000 higher than my Annual Tax Summary.

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SouthernSteve on 20:00 Mon
In reply to owlart:

Benefits in kind? Health schemes etc?

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balmybaldwin - on 20:11 Mon
In reply to owlart:

If your P60 is higher it is probably due to pre-tax (ie tax exempt) deductions...On mine this is Pension, and I think share scheme (and I used to have a deduction for the bike to work scheme)

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owlart - on 20:14 Mon
In reply to SouthernSteve:

> Benefits in kind? Health schemes etc?


haha! You've not met my Boss! No, none of those, just a plain job, no extra benefits at all.

Post edited at 20:15
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owlart - on 20:17 Mon
In reply to balmybaldwin:

The only pension deductions are the statutory workplace pension scheme, which isn't shown on either the P60 or rhe Tax Summary.

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Angry old man - on 11:02 Tue

eply to owlart:

Hi 

as a last resort I would register on line with HMRC and then talk to them on line.

have done this a couple of time and always had a positive outcome.

ian

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