Know Your Accounting Dates
Accounting dates are not something that should be treated lightly – the penalties for missing deadlines are severe. You need to be aware of them well in advance so that you can be sure of submitting the required information in time.
Please note this list is not exhaustive and you should check with your Bookkeeper or Accountant. Further dates will be added as required – please check back
April
01
- Financial year begins
- Due date for payment of Corporation Tax for the period ended 30 June
- If you have not paid the balance of your 2018/19 self-assessment tax bill, you will incur a penalty of 5% of the tax unpaid as well as interest charges.
- An additional surcharge of 5% will be payable on any balance still unpaid on 31 July, and a further 5% on 31 January.
05
- Tax year ends
- Deadline for pension contributions and ISA investments
- Deadline for deadline for claiming your PAYE or Self Assessment tax refund for the earlier tax years
06
- Tax year begins
- Key tax changes come into effect such as changes to Income tax, National Insurance rates and thresholds.
07
- Deadline for VAT returns and payments of Accounting Quarter period ending 28 February
14
- Income tax due date for CT61 period to 31 March
19
- CIS, NICs and PAYE – monthly deadline for postal payments to HMRC
22
- Monthly deadline for electronic payment of CIS, NICs and PAYE to HMRC
30
- Annual Tax on Enveloped Dwellings return deadline for year 1 April to 31 March
May
01
- Payment of Corporation Tax for period to 31 July
03
- Deadline for submitting P46 (Car) for the quarter ending 5 April
07
- Deadline for VAT returns and payments of Accounting Quarter period ending 31 March
19
- CIS, NICs and PAYE – monthly deadline for postal payments to HMRC
22
- Monthly deadline for electronic payment of CIS, NICs and PAYE to HMRC
31
- Issue P60 to all employees on your payroll
- Provide employees with details of payrolled benefits.
- Returns under the Foreign Accounts Tax Compliance Act reporting rules
- Returns under the Crown Dependencies and Overseas Territories reporting rules
- Returns under the Common Reporting Standard/EU Directive on Administrative Cooperation reporting rules
- Private companies with 31 August year-ends and public companies with 30 November year-ends should file their accounts at Companies House.
June
01
- New Advisory Fuel Rates (AFR) for company car users
- Due date for payment of Corporation Tax for the period ended 31 August
- Deadline for VAT returns and payment Accounting Quarter period ending 30 April if filed online
14
- Corporation Tax quarterly instalment for “very large” companies with year end 31 March due
19
- CIS, NICs and PAYE – monthly deadline for postal payments to HMRC
22
- Monthly deadline for electronic payment of CIS, NICs and PAYE to HMRC
30
- Returns by savings institutions made under the European Savings Directive for 2018/19 must be received by HMRC
July
01
- Due date for payment of Corporation Tax for the period ended 30 September
05
- Deadline for PAYE Settlement Agreement
06
- Online submission of P11D forms to HMRC
- Provide employees with a copy of P11D information
- Inform HMRC the total amount of Class 1A National Insurance owed
- Deadline for submitting employee share scheme annual returns
07
- Deadline for VAT returns and payments of Accounting Quarter period ending 31 May
14
- CT61 Income tax due date for the period to 30 June
19
- CIS, NICs and PAYE – monthly deadline for postal payments to HMRC
22
- Monthly deadline for electronic payment of CIS, NICs and PAYE to HMRC
31
- Second Payment on Account (POA) for Income Tax
- Late filing/payment penalty deadline
August
01
- Payment of Corporation Tax for the period ended 31 October
02
- Deadline for submitting P46 (Car) for the quarter ending 5 July
07
- Deadline for VAT returns and payments of Accounting Quarter period ending 30 June
19
- CIS, NICs and PAYE – monthly deadline for postal payments to HMRC
22
- Monthly deadline for electronic payment of CIS, NICs and PAYE to HMRC
September
01
- New Advisory Fuel Rates (AFR) for company car users
- Due date for Corporation Tax payment for the period ended 30 November
07
- VAT returns and payments of Accounting Quarter period ending 31 July
14
- Due date for Corporation Tax quarterly instalment for “very large” companies with year end 31 March
19
- CIS, NICs and PAYE – monthly deadline for postal payments to HMRC
22
- Monthly deadline for electronic payment of CIS, NICs and PAYE to HMRC
30
- CT61 quarterly period ends
- Reclaim VAT on supplies from other EU countries, in the previous calendar year, from the relevant EU country’s tax authority if not done as part of your regular VAT return
October
01 Payment of Corporation Tax for the period ended 31 December
05
- Deadline to notify chargeability of Income Tax/Capital Gains Tax for previous tax year
- Deadline for pension administrators to give a pension savings statement to scheme members if their pension inputs in the scheme in the previous tax year exceed the annual allowance
07
- Deadline for VAT returns and payments of Accounting Quarter period ending 31 August
14
- Income tax due date for CT61 period to 30 September
19
- CIS, NICs and PAYE – monthly deadline for postal payments to HMRC
22
- Monthly deadline for electronic payment of CIS, NICs and PAYE to HMRC
31
- Deadline for paper submission of Self Assessment tax returns for tax year ended 5 April to be received by HMRC
November
01
- Payment of Corporation Tax for the period ended 31 January
02
- Deadline for submitting P46 (Car) for the quarter ending 5 October
07
- Deadline for VAT returns and payments of Accounting Quarter period ending 30 September
19
- CIS, NICs and PAYE – monthly deadline for postal payments to HMRC
22
- Monthly deadline for electronic payment of CIS, NICs and PAYE to HMRC
.
30
- Last day to file your tax return online if you want HMRC to collect any underpayment automatically through PAYE
December
01
- New Advisory Fuel Rates (AFR) for company car users
- Payment of Corporation Tax for the period ended 28 February
07
- Deadline for VAT returns and payments of Accounting Quarter period ending 31 October
14
- Corporation Tax quarterly instalment for “very large” companies with year end 31 March
19
- CIS, NICs and PAYE – monthly deadline for postal payments to HMRC
22
- Monthly deadline for electronic payment of CIS, NICs and PAYE to HMRC
January
01
- Payment of Corporation Tax for the period ended 31 March
07
- VAT returns and payments of Accounting Quarter period ending 30 November
14
- Income tax due date for CT61 period to 31 December
19
- CIS, NICs and PAYE – monthly deadline for postal payments to HMRC
22
- Monthly deadline for electronic payment of CIS, NICs and PAYE to HMRC
31
- Deadline for filing Self Assessment Tax Returns for tax year ended 5 Apri
- Deadline for filing |Capital Gains Tax
- Balancing payment of tax due for previous tax year and first Payment on Account for Income Tax for current tax year
February
01
- Date for payment of Corporation Tax for the period ended 30 April
02
- Deadline for submitting P46 (Car) for quarter ending 5 January
07
- Deadline for VAT returns and payments of Accounting Quarter period ending 31 December
14
- Last day HMRC will accept an application to defer class 1 NIC for previous tax year
19
- CIS, NICs and PAYE – monthly deadline for postal payments to HMRC
22
- Monthly deadline for electronic payment of CIS, NICs and PAYE to HMRC
28
- Last date for private companies with 31 May 2018 year-ends and public companies with 31 August 2018 year-ends to file their accounts at Companies House
.
March
01
- New Advisory Fuel Rates (AFR) for company car users
- Due date for payment of Corporation Tax for the period ended 31 May
07
- Deadline for VAT returns and payments of Accounting Quarter period ending 30 January
14
- Due date for Corporation Tax quarterly instalment for “very large” companies with year end 31 March and year end 31 December
19
- CIS, NICs and PAYE – monthly deadline for postal payments to HMRC
22
- Monthly deadline for electronic payment of CIS, NICs and PAYE to HMRC
31
Corporation tax returns filed by companies with 31 March year end
