Understanding your P60
If you're retired, you’ll receive a P60 each year to help you understand the financial details of your pension. The information below explains how to access your P60 and why it's an important document.
Contents
What is a P60?
It’s an official document that shows how much money you have been paid throughout the year – either as a salary or a pension. It also confirms your total tax and national insurance contributions.
When will I receive my P60?
Your P60 is usually available to view via your online PensionPoint account, no later than 31 May each year.
Important
If you are a member of Brent, Ealing, Havering or Newham funds, please contact your payroll department directly to receive your P60.
Why do I need my P60?
It’s a way of proving how much tax you’ve paid, which you may need in all kinds of situations, such as:
- Completing a self-assessment tax return
- Claiming back any tax you’ve overpaid
- Applying for tax credits
Even if it’s surplus to requirements right now, it’s worth putting in a safe place for future reference.
How will I receive my P60?
If LPPA looks after the payroll for your pension scheme, you will be able to access your P60 online by logging into PensionPoint. It only takes a couple of minutes to get started and once you’re up and running, you can view your P60 as often as you like via the My Documents page.
We don’t manage the payroll for Brent, Ealing, Havering or Newham pension funds, so if you are a member of one of these schemes, please contact the fund directly for a copy of your P60.
Please note
If you have opted out of electronic communications, you will receive your P60 through the post.
What if the information in my P60 is incorrect?
If any of the details don’t look quite right, you should contact HMRC directly. Remember to quote your National Insurance Number and your PAYE Reference (from your P60), as this will allow them to access your details.
HMRC helpline: 0300 200 3300
HMRC Address: Pay As You Earn, HM Revenue and Customs, BX9 1AS
