P45
P45: translation
P45P45[ˌpi fɔːtiˈfaɪv ǁ -fɔːrti-]noun[countable usually singular]TAX
in Britain, an official document given to a person when they leave their job, showing how much money they have earned, and how much tax andnational insurance they have paid during the period of time when they were employed
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P45UKUSnoun[C]HR
►in the UK, a document that you receive from your employer when you stop working for them. It gives details of how much you have earned and how much tax you have paid while working in the job:»
When you leave, make sure you get a P45 from your employer.
»Cuts to the business mean that hundreds of workers will soon be collecting their P45s.