Income tax on income around year end
Income tax on income around year end
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Discussion

IJWS15

Original Poster:

2,202 posts

114 months

Wednesday 24th July 2024
quotequote all
I thought finding an answer to this would be easy but . . . .

I worked for an umbrella co in March 24 and was paid for that month in mid April 24, after the end of the tax year.

Does it count as taxable income for 23/24 or 24/25?


alscar

9,588 posts

242 months

Wednesday 24th July 2024
quotequote all
24/25.
It’s the payment date not the work date.

Eric Mc

125,606 posts

294 months

Wednesday 24th July 2024
quotequote all
Did they provide you with a P60 for tax year 2023/24?

Will they provide you with a P60 for 2024/25.

If you have stopped working for them, have they issued you with a P45?

IJWS15

Original Poster:

2,202 posts

114 months

Wednesday 24th July 2024
quotequote all
Eric Mc said:
Did they provide you with a P60 for tax year 2023/24?

Will they provide you with a P60 for 2024/25.

If you have stopped working for them, have they issued you with a P45?
No, presumably no - see next answer, yes - will dig it out. Found payslips and they support 24/25 tax year