Everything you need to know about your P45

Fewer people may be switching jobs as the number of job vacancies in the UK has slumped, but there is an important document they will all need if they do find a new position: the P45.

There were 781,000 jobs on offer in the first three months of the year, according to the Office for National Statistics (ONS), down 3.2% on the previous quarter.

If you do leave your job and move to a new role, "it makes life a lot easier" if you know how to go about securing your P45, said Unbiased.

What is a P45?