What is a P45, P46 and P91?
If you are leaving one job to start another it is important to get a P45 from your employer. This is a form that shows: • Your PAYE code • Your total earnings so far in the tax year • How much tax you have paid since the start of the tax year. • The pay and tax details for the employment just ended. It is most important you are given a P45. If you do not get one, you may find you have to pay more tax in your new job until your correct PAYE code is confirmed. A P45 is made up of 3 parts, you should keep Part 1A as a record of your pay and tax and hand the P45 Parts 2 and 3 to your new employer as soon as possible so the right amount of tax is taken from your pay. If for some reason you don’t have a P45 and are starting a new job, your new employer will give you a form P46 which you can sign. If you sign statement B on the form, a temporary PAYE code will be operated for you. The Tax Office will then try to trace your previous employer so they can give you your proper code.
