What are the different PAYE forms: P45, P46, P60, and P11D?

As an employer, you have to give certain documents to your employees – forms P45 and P60 – about the tax the employees pay on their wages. Furthermore, if you give benefits or expenses to your employees you have to send a form P11D to HM Revenue & Customs.

P45 Form
An employee gets a form P45 from the employer when he/she stops working for them. It is basically a record of the employee’s pay and the tax that has been deducted from it so far in the tax year. It contains: the employee’s tax code and PAYE reference number, National Insurance Number, Leaving Date, Earnings in the tax year and how much tax was deducted from the earnings.  The form has four parts. The employer sends part one to HMRC and gives the other three parts to the employee.