Students: What happens at the end of the tax year

What your employer tells us
At the end of each tax year your employer will tell us:

• how much you have earned, and
  
• how much tax you have paid on those earnings, and
  
• how much student loan repayment you have made, and
  
• details of any taxable expenses or benefits in kind they have provided for you, and
  
• how much National Insurance contributions (NICs) you have paid.

What your employer gives you
Your employer will give you:

• a form P60 End of Year Certificate (PDF 30K) by the 31 May, and
  
• a form P11D Return of expenses payments and benefits (PDF 150K) by the 6 July (if appropriate).

Form P60 shows your taxable pay in the tax year and how much tax you have paid.

Form P11D shows details of taxable expenses and benefits.

It makes sense to keep safe anything supplied to you by your tax office, or by your employer.

What you need to tell us
You should tell us before 6 October after the end of the tax year if, during the tax year, you have received:

• a new benefit that you have not paid tax on under Pay As You Earn (PAYE), or
• untaxed income not related to your job.

What we do
We check that your pay and tax details are correct. If you have:

• paid too much tax - we will send you a repayment
  
• paid too little tax - we will usually collect the extra amount from your earnings in the next tax year.