Paper-based P45s and P60s were replaced with an online system in Ireland

Paper-based P45s and P60s were replaced with an online system in Ireland

You no longer get a P60 at the end of the year. Instead, you can get an Employment Detail Summary through Revenue’s myAccount service.

An Employment Detail Summary contains details of your pay as well as the income tax, PRSI and Universal Social Charge (USC) that has been deducted by your employer and paid to Revenue. It also contains any pandemic wage subsidy payments including the Temporary Wage Subsidy Scheme and the Employer Refund Scheme.

Your Employment Detail Summary also records your Local Property Tax (LPT) deductions, if you choose to have the LPT deducted from your pay.

It is important to remember that the Employment Detail Summary is not a statement of the tax you actually paid. It summarises deductions paid to Revenue by your employer or pension provider. You may have other tax liabilities that are not listed.

Your employer does not include non-statutory deductions, such as union subscriptions or payments to your credit union in the report to Revenue. Therefore, you cannot view these deductions on your Employment Detail Summary in myAccount.

You can log into myAccount, and view your Employment Detail Summary (formerly a P60) of your pay and income tax deductions for each of your jobs or pensions. You can also see any pandemic unemployment payments you received during the year such as the Temporary Wage Subsidy Scheme and the Employer Refund Scheme.

To view your Employment Detail Summary, you must follow these steps:

  1. Sign in to myAccount
  2. Click on ‘Review your tax 2017-2020’ link in the ‘PAYE Services’ section
  3. Select the specific year folder from the ‘Tax year’ dropdown list
  4. Click ‘View’ to view the Employment Detail Summary

Your 2020 statement is available through myAccount since January 2021. You can get your 2021 statement from mid-January 2022.

Details & credit https://www.citizensinformation.ie/en/employment/employment_rights_and_conditions/pay_and_employment/no_p45_no_p60.html?fbclid=IwAR3EiMuTR521TKq6hkfLMRyFh34SrjgfB1FGJLquMTxEsn2GyIpMP8YMSCU

Photo by Brooke Cagle on Unsplash

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