Hmrc warning to everyone with a p60 as you could be owed money

YOU SHOULD CHECK YOUR P60 TO SEE IF THERE IS A TAX CODE ERROR ON IT 16:03, 01 Jun 2025 UK workers who recently received a P60 from their employer are being urged to check it for a HMRC tax

code error. Bosses across the country had until May 31 to give a P60 to all their workers who were with them on April 5. But some people may have been issued with the incorrect tax code -

and you could be paying too much tax. The average overpayment due to incorrect codes is almost £700. You need a P60 to prove how much tax you have paid on your salary. This is important if

you need to claim back overpaid tax, apply for tax credits or as proof of your income if you apply for a loan or a mortgage. Article continues below READ MORE: DWP STATE PENSION WARNING TO

EVERYONE BORN IN THESE YEARS OVER BONUS £5,496 Gov.uk says: "Your P60 shows the tax you’ve paid on your salary in the tax year (April 6 to April 5). "You get a separate P60 for

each of your jobs every tax year. "There’s a separate guide to getting P60s if you’re an employer. "If you’re working for an employer on April 5 they must give you a P60.

"They must provide this by May 31, on paper or electronically." You can check your 'final tax code' listed near the top of your P60 statement. The codes to look out for

include: * ‘BR’: All your income is taxed at 20%, with no tax-free allowance * ‘D0’ or ‘D1’: Taxed at higher rates, without any allowance * If there’s no 'L' in your code, you

might not be receiving the standard £12,570 personal allowance It's important to note that these codes are not always mistakes. Sometimes they appear on your P60 if you changed jobs,

you are working multiple roles, you have had a period of contract or freelance work or HMRC has outdated or incorrect information about your situation. _Don't miss the biggest and

breaking stories by signing up to the BirminghamLive newsletter here._ The standard code for most workers in the UK is 1257L, which means you are entitled to the full personal allowance of

£12,570 before any tax is deducted. Robert Jones, CEO of tax refund company Swift Refunds, said: "Your P60 isn’t just a year-end summary, it may also be a warning sign. "One

incorrect tax code and HMRC could be taking too much out of your wages every month." Article continues below He added: "The average tax overpayment due to incorrect codes is nearly

£700, but recent HMRC figures show the real impact may be even higher. "Check your P60, especially your tax code. "If it’s anything other than 1257L, or you’ve switched jobs or

had multiple employers, you could be owed money."