Tax
Diary February/March 2010
1 February
2010 - Due date for corporation tax payable for the year ended 30
April 2009.
19
February 2010 - PAYE and NIC deductions due for month ended 5 February
2010. (If you pay your tax electronically the due date is 22 February
2010)
19
February 2010 - Filing deadline for the CIS300 monthly return for
the month ended 5 February 2010
19
February 2010 - CIS tax deducted for the month ended 5 February
2010 is payable by today.
1 March
2010 - Due date for corporation tax due for the year ended 31 May
2009.
19
March 2010 - PAYE and NIC deductions due for month ended 5 March
2010. (If you pay your tax electronically the due date is 22 March 2010)
19
March 2010 - Filing deadline for the CIS300 monthly return for the
month ended 5 March 2010.
19
March 2010 - CIS tax deducted for the month ended 5 March 2010 is
payable by today.
Annual
Tax Diary Dates
PAYE (Pay As You Earn) Filing/Issuing Deadlines:
19th
May P14, P35, P38, P38A & CIS36
31st May Issue P60s to employees*
6th July P9D, P11D,& P11D(b), and appropriate copies to employees
19th July Payment due on Class 1A NICs
*Only
relevant to Employers
Self Assessment Returns:
6th
April Issued by the Inland Revenue
30th September Inland Revenue will calculate tax liability if
SA Return has been received by then.
31st January Latest date for submission
Payments of Income Tax/Class 4 NICs
31st
January balancing payment and 1st payment on account
31st July 2nd payment on account
9
months and one day after the end of the accounting period (or by quarterly
installments if large company)
Surcharges (on amounts outstanding):
28th
February 5% on unpaid at that date
31st July Further 5% on amount unpaid at that date
Penalties for late Self Assessment Returns:
Usually
£100, or the amount of the liability if less.
31st
January where returns are outstanding at that date
31st July Further penalty if still outstanding
VAT Payments
Most
people pay their VAT quarterly, although you can pay monthly if you
so desire. If your first quarter is January - March, for example, your
VAT payment is due on or before 30th April; so you have a month from
the end of you quarter in which to pay.
If, however, you file your VAT Returns online with Her Majesty's Revenue
& Customs (HMRC), you get an extra 7 days to both submit and pay
your return.
We
would need your authority, as your accountant, to complete this process
for you.
