Bean Counters

[CallawayKid]

Currently about to change jobs and my accounts dept. has said I can't get my P45 until their next payment run which is the 25th. This will of course put me on 'emergency tax'! Does anyone in the accounting world know if this is correct or are they trying to screw me over on my owed commission?

I have a laptop and phone and I have said I will return them when I get my P45 and final payment, this of course has caused some ripples as it's not the standard expected response and has sparked various meetings and scratching of heads.

Apologies if you are an accountant but I feckin hate bean counters as most cannot work outside a set of parameters and anything out of the ordinary appears to confuse them!

Cheers all,

CK
:rant:

 

[Region3]

I'm not an accountant but I wouldn't have thought they'd be able to produce your P45 until they aren't going to pay you any more, so if you're owed money on their next payment run they can't print the P45 until after that.

Guessing, but sounds logical to me.

 

[CallawayKid]

Cheers, just a bit nervous of leaving a company when they owe me money as I got burnt a few years back when leaving a company. Well, leaving tomorrow but have to wait until the 25th for the P45 and payment...

 

[chrisd]

You should get you P45 with your final payment run. If a new employer is doing a pay run before you give him your p45 he will do emergency coding and will correct it on the next run after you hand over your P45. Any excess tax will be refunded on the next run - except if the pay runs spread over the end/start of the new tax year (5th April)

 

[Aztecs27]

You should get you P45 with your final payment run. If a new employer is doing a pay run before you give him your p45 he will do emergency coding and will correct it on the next run after you hand over your P45. Any excess tax will be refunded on the next run - except if the pay runs spread over the end/start of the new tax year (5th April)

This. I work for a company that offers an Outsourced Payroll Bureau service and this is exactly how it works.

 

[CallawayKid]

Brilliant, thanks guys! :cheers:

CK

 

[DappaDonDave]

There is a form called a P46 which covers tax whena p45 isn't present. Ask the new employer for a p46. That's what we do at work, I work in recruitment btw.

 

[chrisd]

There is a form called a P46 which covers tax whena p45 isn't present. Ask the new employer for a p46. That's what we do at work, I work in recruitment btw.

Trouble is that the new employer fills in the P46 which is a request for a code number and sends it to the Revenue, it takes forever for the revenue to respond and by the time they do .... hey presto... you've got your P45



The important thing is to get it in before pay week 1 which starts on the 5th April otherwise it cant be activated for the new tax year and you will have to wait for any rebate due

 

[DappaDonDave]

Never had an issue with our payroll. As long as we have the p46 on start up...no emergency tax gets made. Tis may be because we have a more direct link. But considering the ability of our payroll I doubt that's the deciding factor.

Get a p46. If only for just incase

 

[CallawayKid]

Thanks for the info guys,

CK