It has been announced that employers will be able to issue electronic P60s from the end of the 2010/11 tax year.

The PAYE rules have been changed by HM Revenue and Customs (HMRC) allowing employers to make use of an electronic P60 instead of a paper version. Current rules mean that a paper P60 must be issued to every employee as of 5th April for each year.

It is important to note that this does not mean that an employer is obliged to issue an electronic P60, it simply means that the option can be made available to employees from that time.

There is more information available at the Institute of Payroll Professionals (IPP) web site - click here