Key dates

We’ve catagorised these into ‘Making Tax Digital’ ‘PAYE’ and ‘Self Assessment’ so you can quickly and easily find the information that applies to you.

Self Assessment Electronic Filing Deadline

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Making Tax digital

Making Tax Digital Key Dates and Deadlines

For further information on MTD and the importance of implementing these changes please click here or contact us

1 April 2019
Since April 2019, VAT registered businesses with a taxable turnover above £85,000 must submit VAT returns to HMRC using functional compatible software.

1 April 2021
VAT registered businesses with a taxable turnover of below the threshold of £85,000 amount, must submit VAT returns to HMRC using functional compatible software.

April 2021
Income and Corporation is made digital, date to be confirmed after the VAT roll out.

PAYE Key Tax Dates and Deadlines

PAYE Key Tax Dates and Deadlines

31 January 2020
First Payment on Account deadline for self-assessment for the period 2019/20 income tax and any 2018/19 Capital Gains Tax Balancing payment needs to be paid. Payment of any balancing tax liability from previous tax year 2018/19 needs to be paid by this date.

2 February 2020
Send P46 (car) form to HMRC in regards to any changes of the use of company car(s); relating to the quarter ending 5th January 2020.                  

7 February 2020
Deadline for VAT returns and payments of Accounting Quarter period ending 31 December 2019

22 February 2020
Monthly deadline for electronic remittance of PAYE, NiCs and CIS to HMRC.                  

1 March 2020
If not paid already, balance of 2019/20 self-assessment tax bill – otherwise you will incur a penalty of 5% of the tax unpaid and potentially additional interest charges.

7 March 2020
Deadline for VAT returns and payments of Accounting Quarter period ending 31 January 2020

22 March 2020
Monthly deadline for electronic remittance of PAYE, NiCs and CIS to HMRC.  

1 April 2020
IR35 ‘off payroll’ reform to hit private sector (announced in Budget 2018)

5 April 2020
End of the income tax year 2019/20 

6 April 2020
Start of the new income tax year 2020/21    

7 April 2020
Deadline for VAT returns and payments of Accounting Quarter period ending 29 February 2020

22 April 2020
Monthly deadline for electronic remittance of PAYE, NiCs and CIS to HMRC

7 May 202o
Deadline for VAT returns and payments of Accounting Quarter period ending 31 March 2020

22 May 2020
Monthly deadline for electronic remittance of PAYE, NiCs and CIS to HMRC

7 June 2020
Deadline for VAT returns and payments of Accounting Quarter period ending 30 April 2020

22 June 2020
Monthly deadline for electronic remittance of PAYE, NiCs and CIS to HMRC

7 July 2020
Deadline for VAT returns and payments of Accounting Quarter period ending 31 May 2020

22 July 2020
Monthly deadline for electronic remittance of PAYE, NiCs and CIS to HMRC

31 July 2020
Second payment on account for self-assessment – tax year 2019/20 is due.        

7 August 2020
Deadline for VAT returns and payments of Accounting Quarter period ending 30 June 2020

22 July 2020
Monthly deadline for electronic remittance of PAYE, NiCs and CIS to HMRC

 

22 October 2020
Income tax and Class 1B NIC payment for PAYE settlements (electronic payments), make your annual payment to cover tax and NI on benefits for your employees or on small expenses.

For further information or to find out how we can help your business please call 01384 271 858 or get in touch via our get in touch page