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Business Calendar
| 31 January |
Deadline date for all individual’s Self Assessment Tax Returns to be submitted, online, to the Inland Revenue. This is also the date that any relevant payments on account should be made towards next year’s tax liability (Installment 1). Failure to do so may result in a fine, starting at £100, plus interest on any tax not paid.
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| 5 April |
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This is the last day of the ‘Tax’ year, when all PAYE schemes finish, and many self employed individuals will make their accounts up to this date. As soon as possible after this date, companies should produce all their end of year payroll reports, such as P35’s & P60’s.
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| 19 May |
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All end of year returns (P35, P60’s, P14’s etc) need to be submitted to the Inland Revenue. Fines will be incurred on any late submissions.
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| 31 May |
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All P60's need to be submitted to their respective employees.
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| 6 July |
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Forms P11D should be received, by the Inland Revenue, by this date. These are the returns produced, detailing any benefits in kind paid to directors and higher paid employees, such as company cars, health benefits, etc.
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| 19 July |
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Any Class 1A National Insurance due on the above benefits should be received by the Inland Revenue by this date.
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| 31 October |
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For those of you still completing your Self Assessment Tax Returns manually, 31 October is the deadline date for submission to HMRC. The submission date for electronic filing remains the 31 January each year.
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| 31 July |
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The second payment on account (Installment 2) is due to be paid to the Inland Revenue, where applicable. Interest will run on any late payment.
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| Other Deadlines |
* A limited company’s accounts (usually abbreviated accounts only, for small companies) are due to be submitted to Companies House 9 months after the accounting year end. (This was, previously, 10 months, for accounting years commencing before 1 April 2008).
For example, a company with a December year end will need to submit it’s accounts by 30 September, in the following year, in order to avoid a fine.
* A full set of accounts, together with a Company Tax Return (CT600) should be submitted to the Inland Revenue exactly 12 months after the accounting year end. Failure to do so will, once again, incur a fine.
* Where applicable, a company’s Corporation Tax liability is due to be paid 9 months and 1 day after the accounting year end.
* Where a PAYE scheme is operated, the monthly PAYE / NI liabilities need to be settled by the 19th of the following month, so the PAYE / NI for the April payroll should be sent to the Inland Revenue by 19 May.
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| Download |
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The majority of these key dates are available on a convenient HMRC download.
The 'Key Tax Deadlines Calendar' can be downloaded directly below.
 Calendar (508kb)
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