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Key
Financial Dates
for the Private Hire Calendar
Reminders
for your Autumn Diary
September
30 Deadline for submission of the 2008 Tax Return if you wish
HMRC to calculate the tax or, if you wish to have a 2007/08 balancing
payment of less than £2,000 collected through your 2008/09 PAYE
code.
End of CT61 quarterly period.
October
1 Due date for payment of Corporation Tax for period ended
31 December 2007.
5 Individuals/trustees must notify HMRC of new sources of
income/chargeability in 2007/08 if a Tax Return has not been received.
14 Due date for income tax for the CT61 quarter to 30 September
2008.
19/22 Quarter 2 2008/08 PAYE remittance due.
November
1 Please ensure you are retaining your documents for the 2008
Tax Return.
2 Last day for notifying car changes in quarter to 5 October
- P46 (Car).
Tax
Diary September/October
19
September - PAYE and NIC deductions due for month ending 5 September
2008. (If you pay your tax electronically the due date is 22 September
2008)
19 September 2008 - Filing deadline for the CIS300 monthly
return for the month ending 5 September 2008.
19 September 2008 - CIS tax deducted for the month ending 5
September 2008 is payable by today.
1 October 2008 - Due date for corporation tax due for the year
ended 31 December 2006.
19 October 2008 - PAYE and NIC deductions due for month ended
5 October 2008. (If you pay your tax electronically the due date is
22 October 2008)
19 October 2008 - Filing deadline for the CIS300 monthly return
for the month ended 5 October 2008.
19 October 2008 - CIS tax deducted for the month ended 5 October
2008 is payable by today.
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.
If
this is something you would like further information on, or would
like to set up, please contact us or
have a look at the HMRC
website.
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