How Does TP3 Affect PCB?

TP3 carries prior employment remuneration and PCB already deducted in the same calendar year. Without it, a new employer may over-deduct PCB.

What TP3 contains

Prior taxable remuneration and tax already deducted for the year.

Effect on current PCB

Current employer reduces remaining estimated tax by amounts already paid.

Employee action

Submit previous employment details promptly when changing jobs mid-year.

Payroll systems

Payroll software stores TP3 so MTD stays compliant without spreadsheet risk.