Tax Tips

The Employment Detail Summary: The P60 Replacement

In recent years, one of the most notable changes to the PAYE system has been the phasing out of the traditional P60 form, a document that used to serve as an annual summary of income and deductions. It has been replaced by the Employment Detail Summary. 

But what is the Employment Detail Summary? How do I get an Employment Detail Summary? Let’s find out everything you need to know. 


What Is The Employment Detail Summary?

With the modernisation of the PAYE system, traditional paper P45s and P60s have been phased out in favour of an online platform. Consequently, you won’t receive a P60 at the year’s end. 

It’s crucial to understand that the Employment Detail Summary doesn’t reflect the actual tax you’ve paid. Rather, it provides an overview of the deductions your employer or pension provider has made to Revenue on your behalf. Be aware that you might have additional tax obligations not covered in this summary.


What Can You See Within Your Employment Detail Summary?

Your Employment Detail Summary provides information about your earnings and the deductions for income tax, PRSI, and Universal Social Charge (USC) made by your employer on your behalf to the Revenue Commissioners. 

Additionally, it includes details of any Local Property Tax (LPT) deductions, should you opt for these to be taken from your salary. It’s important to note that deductions not required by law, such as union fees or contributions to your credit union, are not reported to Revenue and thus won’t appear on your Employment Detail Summary.


How To Get Employment Detail Summary

You can get your Employment Detail Summary at the end of each tax year (31st December).

To access your Employment Detail Summary, you can log into myAccount using the Revenue Online Service (ROS). Next, click on the ‘Review your tax 2019-2023’ link in the ‘PAYE Services’ section, select the specific year folder from the ‘Tax year’ dropdown list and then click ‘View’ to view the Employment Detail Summary.


What Do You Need the Employment Detail Summary for?

  • Tax Filing and Verification: It provides a summary of your income and deductions for a specific year, which is essential for filing your tax return and ensuring all reported earnings and taxes paid are accurate.
  • Applying for Loans or Mortgages: Financial institutions often require this document to verify your income when you apply for a loan or mortgage.
  • Employment Records: It serves as an official record of your employment history, including income, tax paid, and other deductions, which can be useful for personal records or future employment verification.
  • Pension Contributions: For those with pension schemes, it details the contributions made, which is crucial for managing and planning retirement funds.


Is The Employment Summary the Same as the P60?

Yes, the Employment Detail Summary is the replacement for the P60 form. The P60 was phased out at the end of 2018, and the Employment Detail Summary has been used since 2019 to provide similar information.


Is The Employment Summary the Same as the P45?

In Ireland, a P45 was an official tax form provided by an employer when an employee left their job. The form included details such as the employee’s income and the amount of tax deducted during the employment period. However, since 2019, similar to the P60, the P45 has been phased out and replaced by the Employment Detail Summary, which provides similar information.


What if the Information in my Employment Detail Summary is Wrong?

If you believe there’s an error in your Employment Detail Summary, you should reach out to your employer or pension provider to rectify the issue. 


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