Upon leaving your job, you’ll receive a P45.
It shows the tax deduction in your salary and final tax code. It also ensures you’re in the correct tax code and your new employer knows the correct tax code. If you become self-employed, the P45 will be needed for your self assessed tax return.
It’s valid for the tax year in which it was issued. However, if you’re unemployed for over a year, it won’t be valid for your start to a new job.
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