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Why is a UK P60 more than a year-end payroll souvenir when the tax year closes on 5 April?
Employees in the UK often treat the P60 as something to file away until a mortgage broker asks for it. Please explain why the document matters more than that, why HMRC ties it to being employed on 5 April, and why one P60 does not necessarily tell the whole story if you had more than one job.
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