Dates and deadlines for the new tax year
With the passing of the old tax year we are presented with returns to file and tax to pay. Some memorable dates are listed below, with a few more interesting ones too:
- 19 April – PAYE must be paid for the period up to 5 April (usually just the March payroll) – and monthly on 19th for each subsequent month
- 30 April – VAT Returns must be submitted and paid for quarter to 31 March (and 31 May for quarter to April etc)
- 6 May – Election day will decide who is going to use our taxes for the next few years
- 19 May – end of year P35 return must be submitted and any additional tax paid
- 31 May – give each employee a copy of their year end P60
- 4 July – American Independence Day
- 6 July – Benefit in Kind annual P11D return must be submitted and copies given to employees
- 14 July – Bastille Day in France, a good excuse for a bottle of wine and fireworks
- 19 July – Class 1A NIC paid to HMRC for P11D benefits
- 31 July – 2nd payment on account of your 2009/10 tax bill
- 31 October – File your paper tax return (individuals and partnerships)
- 18 November – Beaujolais Nouveau wine released
- 31 January 2011 – File your tax return online (individuals and partnerships), make any final payment of 2009/10 tax and make a payment on account of 2010/11 tax if applicable .
In addition Limited companies will need to pay their tax and file accounts at Companies House 9 months from their year end, and file a corporation tax return 12 months from their year end. Individuals do not forget you will need to advise the tax credits office of your income for last year separately despite being a part of HMRC as this will finalise your claim for the year.
We hope you find the contents of this blog useful; you should of course always seek professional advice for your specific needs. Alastair Wood, AW Accounting – Accountants who “speak your language”
