P60 unavailability

[minny]

HiAll,

I shall be applying for hsmp extension shortly. I do not have P60 form for the 8 month period claimed as my P60 will not be available till april 2007. I am claiming for the period Apr- Nov 2006.

I have got a letter from my employer stating the obvious that P60 will not be available till april 2007

Is that sufficient? Please advice

Thanks

Minny

[Jk2007]

Minny,

I had a similar situation, I simply stated in my application that the Tax year is not completed (for the period I claimed), so P60 is not available yet. I think this should be acceptable to HO as this is obvious.

The FLR(HSMP) Guideline 48 states "...If the Tax year does not cover the full period claimed, other supporting evidence will be required for the period not covered". The other supporting evidence in this case would be your Bank statements showing salary credits into your bank account.

By the way, if your salary package included dividends, you need to provide additional evidences.

[minny]

Appreciate your prompt reply jk2007. I have heard of many instances where application was refused due to p60 nonavailability. Some have even asked for evidence to support the obvious fact!

Is there any point in sending in p60 for 2005-2006 as well?

Thanks once again

Minny

[Jk2007]

Minny,

The evidences are required only for the period you are claiming, not for previous year.

In some cases, where an applicant is claiming for a period that falls partly in previous Tax year, the HO expects the applicant to submit P60 for the previous Tax year, even though the P60 covers only part of the period for which you are claiming points for earnings. For the remaining period, applicant needs to submit additional evidences such as Bank statements.

Some applicants have misunderstood the guidelines, and assumed that they could provide either Tax return or Bank Statements. This is not correct. Bank Statements would be considered only in exceptional situation, such as yours, where one cannot provide P60, and there is valid reason (Tax year not completed) for this.

If the period covered falls partly in previous year, and if one is not submitting P60, then the applicant needs to provide evidence supporting why P60 was not available.

[minny]

Thanks.

In mycase 4 days of 2005-2006 tax year is included (ie April 1 to April 5 2006). Do you think i should submit 2005-2006 p60 to cover those 4 days/

Minny

[Jk2007]

Good Question!

Was this 4 days income paid before 5/4/2006 and included in the P60 of the previous year? If this was paid after 5/4/2006, how this could have been included in previous year's P60?

[minny]

I am probably getting confused here. I am assuming tax year 2005-2006 runs between 5th april 2005 to 4th april 2006 and since my 8 months starts from 1 april to 30 nov 2006, I have to account for the first 4 days of april as part of my 2005-2006 tax return (rather than 2006-2007).

I see your valid point. My April salary was paid at the end of april 2006 like most of us ( I think) and do we not get p60 at the end of april?

Is it not the norm that first 4 days of april is taken as the end of previous year rather than beginning of the new year?

Oh God!! I am utterly confused!

Can you make any sense of what I am talking!?

Thanks

Minny

[Jk2007]

I think P60 for 2005-2006 is issued for the period from 6 April 2005 to 5th April 2006 only. The amount you received on 30 April 2006 is probably not included on this form. I am not sure if the Employers calculate pro-rata wage upto 5th April 2006 and include that in the form.

Other Experts in the forum may want to answer this question.

[John]

The form P60 is only ever issued after the end of a tax year and certifies the Pay and Tax and NI in respect of the tax year up to 5th April.

But an employer only issues a form P60 if the employment is continuing at the end of the tax year. If an employment ceases during a tax year, in which case a form P45 is issued, showing the Pay and Tax figures up to the date when the employment ceased.

In respect of the current tax year ... which commenced on 6th April 2006 .... why not supply the payslips? That would seem the reasonable and sensible thing to do, and bank statements showing the net payments going into the bank account are useful confirmation.

[minny]

Thanks jk2007 and john. I shall probably submit my payslips and bank statements to keep matters simple

[Jk2007]

John,

The Payslip for the month of April 2006 covers for the period from 1/4/2006 to 30/4/2006. The payment received on 30/4/2006 for the entire month (including for the period 1/4/2006-5/4/2006) will entirely fall under this Tax year (2006-2007). Is my understanding right?

[minny]

I am just being a bit apprehensive on the absent p60 issue especially in the wake of many rejected hsmps. I take your point John and jk2007, but would it be wise to also submit p60 from 2005-2006 to cover the initial 5 days of 1 april to 30 nov 2006

I do apologise for asking the same question again.

Minny

[John]

You might as well submit that P60, as well as more up to date evidence ..... but I wonder whether you actually received any pay in the month of April 2006 on or before 5th April 2006?

[minny]

Since i get paid monthly, i got my april pay check at the end of april 2006

[paramjit2k]

Hi Minny,

Why dont u ask the same question to HSMP authorities, explain the same situation.

From my side, u shud prepare 2 concrete proofs and p60 as 3rd proof.

First 2 can be: Sal slip, emp letter , bank statements

All is ur choice, what u have currently. All shud corborate each other, like sal slip shows both gross and net salaries, net sal shud match bank statements.

[hassan09]

Hi , P60 is just a statement for your earnings and tax paid for return purposes, and are usually issued at the end of tax year, but i think they can be obtained for any period from employer, and are sometime required for applying for mortgages as well. So i think if you ask your employer that you need those to give to home office and they should be able to provide you one.

cheers

Hassan