The Institute of Payroll Professionals (IPP) is petitioning HMRC to allow electronic P60 forms.
The campaign follows an IPP study in which 90% of members voted in favour of a change in legislation to allow P60s to be sent out in an electronic format. Fewer than 10% wanted no change.
“As many of the returns that payroll must submit to HMRC are already electronic, including P14s, there is no reason why P60s should not be issued in the same way”, said Karen Thomson, associate director of policy, research and strategic visibility at IPP.
A lot of employers already use online facilities for things such as e-payslips, so expanding this to P60s makes a lot of sense”.
Moving to electronic format would save printing time and costs, as well as ensuring employees receive their...