FAQ

Your accounting questions answered…

What is a P30?

The P30 is a monthly or quarterly return that is completed by all registered employers and sent to the Collector General. This return gives details for everyone you employed at any time during the specific tax month or quarter. These details include:

What is a P45?

A P45 is a statement of your employee’s pay and deductions for the year up to the date they leave your employment. The deductions in the statement will cover any Pay As You Earn (PAYE)Pay Related Social Insurance (PRSI) and Universal Social Charge (USC) that was deducted.

You should complete a P45 when your employee:

  • leaves your employment
  • is granted a career break
  • dies while in your employment.
What is a P60?

A P60 is a certificate of your employee’s annual pay and deductions. It contains details of their total pay and the Pay As You Earn (PAYE)Pay Related social Insurance (PRSI)Universal Social Charge (USC) and Local Property Tax (LPT) deducted during the year. You should copy this from their payroll record.

At the end of each year, you must give each of your employees who were in employment on 31 December, a P60. It should be issued between 1 January and 15 February.

What is a P35?

The P35 is an annual return that is completed by all registered employers after the tax year end. This return gives details for everyone you employed at any time during the tax year. These details include: