January 2012 Employers Tip of the Month – P60s for 2011
Revenue have advised that it will suffice for an employer to print one copy of a P60 for an employee for tax year 2011 and subsequent years. There is no requirement to print a duplicate copy. If an employee seeks a duplicate copy, employers are permitted, but not obliged, to give a duplicate copy. Employers have the option of giving employees a printed version however, it is also acceptable to give an electronic P60 to an employee once the employee has access to print it and the electronic system is secure and confidential. The Paycheck Plus Payroll Team automatically produce the P60’s for your employees as part of your payroll outsource service but if you have any questions, just let us know and we’ll be happy to assist in Making Payroll Easy!