HR Glossary
What is P45?
A UK tax form given by employers to employees when they leave a job, showing their pay, tax deducted, and tax code for the employment, used by the next employer to set up PAYE correctly.
Why it matters in hiring
P45 comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.
Related terms starting with P
Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.
