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UK self assessment : Declare childcare vouchers?

Personal Finance & Money Asked by jeff porter on March 12, 2021

I’m trying to fill in my self assessment form for UK Tax.

Now my P60 declares the figures of..

"Pay in this period" of  "50k"  

"Tax in this period" of  "12k"

(Note figures have been changed)

Now I also do salary sacrifice for pension and childcare vouchers (500 & 124 a month each).

My question is…

when filling in the value for "Pay from ABCD Ltd - total from your P45 or P60. Enter the amount before tax taken off:"

Do I put in 50k or do I take off the 124+500*12 (£7488) from the 50k?

I didn’t pay tax on this amount, 7488, since it’s taken before tax.

So do I subtract it or not?

Any advice would be great.

One Answer

Your P60 will already be net of the pension and childcare vouchers - i.e. the 50k is the value after they are taken off.

From the point of view of your tax return just ignore them completely and enter the figures from the P60 directly.

Correct answer by GS - Apologise to Monica on March 12, 2021

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