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Adjusted Net Income - P60

Posted Tue, 16 Jan 2024 15:43:28 GMT by
Hi, in relation to my adjusted net income, when using figures from my P60, would you use the 'Pay' figure from the 'Pay and income tax details' section (e.g. £50,000), or would you use this figure and minus the 'tax deducted' figure - e.g. £50,000 pay minus £5,000 tax deducted making the adjusted income £45,000? Thanks
HMRC Admin 32
Posted Tue, 23 Jan 2024 10:56:47 GMT by HMRC Admin 32
Hi,

It would be the pay figure before tax deducted. 

Thank you.

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