HMRC have issued the RD1 Specification for employers substitute forms P60 for the new 2024/2025 tax year.
The RD1 guide gives information on how to design substitute forms P60, ‘End of Year Certificate’ which employers may use at the end of the tax year.
It also includes information on how to adapt the substitute form P60 for a pension fund scheme and what to do if you intend to issue the substitute form P60 to employees electronically.
This new revised edition applies to the tax year 2024 to 2025. However, Other than changing the year, there are no further changes to this guide from the 2023 to 2024 version.
They provide guidance on designs for those issued on paper, for printed copy of an eP60, a pensioner equivalent P60 and also for the printed copy of a pension eP60.
The RD1 Specification for employers substitute forms P60 for the 2024/2025 tax year can be downloaded here or obtained via gov.uk:
And the RD1 for the current 2023/2024 tax year can be downloaded here (or from gov.uk):
These specification and form draft can be found on gov.uk using the following links:
PAYadvice.UK 11/12/2023