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Tax Calendar

Tax Calendar

You can take a look at our tax calendar in order to check out the tax deadlines. Have a look at the various dates and check if you haven’t forgotten anything thanks to this tax calendar. You will find very useful information in order not to miss any deadline.

Tax calendar

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July 2018

Class 1A NIC
due for
2017/18

This deadline is relevant for employers who have provided their employees with benefits for 2017/18. These benefits should have been reported by the 6th July and the amount of the Class 1A employer only NI liability due calculated on the form P11D(b). Where the payment is made electronically the deadline for receipt of cleared payment is Friday 20th July 2018 unless you are able to arrange a ‘Faster Payment’ to clear on or by Sunday 22nd July. Interest will be charged if payment is made late. Penalties may also apply.

 

PAYE Student loan and
CIS deductions due for the
month to 5th July 2018

This deadline is relevant to employers who have made PAYE deductions from their employees’ salaries and to contractors who have paid subcontractors under the CIS. Employers are required to make payment to HMRC of the income tax, national insurance, and student loan deductions. Contractors are required to make payment to HMRC of the tax deductions made from subcontractors under the CIS. Where the payment is made electronically the deadline for receipt of cleared payment is Friday 20th July 2018 unless you are able to arrange a ‘Faster Payment’ to clear on or by Sunday 22nd July. In year interest will be charged if payment is made late. Penalties also apply.

PAYE quarterly payments are due for small employers (pay periods 6th April 2018 to 5th July 2018)

This deadline is relevant to small employers and contractors only. As a small employer with income tax, national insurance and student loan deductions of less than £1,500 a month you are required to make payment to HMRC of the income tax, national insurance and student loan deductions on a quarterly basis. Where the payment is made electronically the deadline for receipt of cleared payment is Friday 20th July 2018 unless you are able to arrange a ‘Faster Payment’ to clear on or by Sunday 22nd July. In year interest will be charged if payment is made late. Penalties also apply.

 

Second payment
on account
2017/18 due

This deadline is relevant to individuals who need to complete a self-assessment tax return and make direct payments to HMRC in respect of their income tax, Class 4 NI, capital gains tax and High-Income Child Benefit Charge liabilities.

The second payment on account in respect of income tax and any Class 4 NI is due for payment by 31st July 2018. Interest is charged on any late payments.

If we have already dealt with this matter on your behalf you need to take no action.

August 2018

Deadline for submitting P46 (car) for employees whose car/fuel benefits changed during the quarter to 5th July 2018

This deadline is relevant to employers who provide any employees with the use of a car. The form P46 (car) only needs to be completed where a car is first provided or an additional car is provided, or an employee ceases to have the use of a car without replacement.  The completion of the form enables HMRC to amend the individual’s coding notice to reflect the change in benefit. This notification may be made by completing and printing off the relevant by paper or online forms.

Where one car is merely replaced with another, this may be notified online.

A change in car for car benefits which are being ‘payrolled’ should not be reported on a P46(car).

 

PAYE, Student loan and CIS deductions are due for
the month to 5th August 2018

This deadline is relevant to employers who have made PAYE deductions from their employees’ salaries and to contractors who have paid subcontractors under the CIS.

Employers are required to make payment to HMRC of the income tax, national insurance and student loan deductions. Contractors are required to make payment to HMRC of the tax deductions made from subcontractors under the CIS.

Where the payment is made electronically the deadline for receipt of cleared payment is 22nd August 2018. In year interest will be charged if payment is made late. Penalties also apply.

September 2018

Deadline for submitting P46 (car) for employees whose car/fuel benefits changed during the quarter to 5th July 2018

This deadline is relevant to employers who provide any employees with the use of a car. The form P46 (car) only needs to be completed where a car is first provided or an additional car is provided, or an employee ceases to have the use of a car without replacement.  The completion of the form enables HMRC to amend the individual’s coding notice to reflect the change in benefit. This notification may be made by completing and printing off the relevant by paper or online forms.

Where one car is merely replaced with another, this may be notified online.

A change in car for car benefits which are being ‘payrolled’ should not be reported on a P46(car).

 

PAYE, Student loan and CIS deductions are due for
the month to 5th August 2018

This deadline is relevant to employers who have made PAYE deductions from their employees’ salaries and to contractors who have paid subcontractors under the CIS.

Employers are required to make payment to HMRC of the income tax, national insurance and student loan deductions. Contractors are required to make payment to HMRC of the tax deductions made from subcontractors under the CIS.

Where the payment is made electronically the deadline for receipt of cleared payment is 22nd August 2018. In year interest will be charged if payment is made late. Penalties also apply.

October 2018

Deadline for notifying HMRC of new sources of taxable income or gains or liability to the High Income Child Benefit Charge for 2017/18 if no tax return has been issued

This deadline is relevant to individuals who have not received a self-assessment tax return for the year ended 5th April 2018 but who believe they have received income or capital gains which will result in a tax liability. This deadline is also relevant to individuals who are liable to the High Income Child Benefit Charge.

Individuals must notify HMRC of their liability so that a self-assessment return can be issued in good time for the submission deadline of 31st January 2019.

If we have already dealt with this matter on your behalf you need to take no action.

Tax and NI due
under a 2017/18
PAYE Settlement
Agreement

This deadline is relevant for employers who have entered into a PAYE settlement agreement to pay tax and national insurance in respect of benefits in kind for their employees for the year ended 5th April 2018.

Where the payment is made electronically the deadline for cleared receipt of cleared payment is 22nd October 2018.

PAYE, Student loan and
CIS deductions are due
for the month to
5th October 2018

This deadline is relevant to employers who have made PAYE deductions from their employees’ salaries and to contractors who have paid subcontractors under the CIS.

Employers are required to make payment to HMRC of the income tax, national insurance and student loan deductions. Contractors are required to make payment to HMRC of the tax deductions made from subcontractors under the CIS.

Where the payment is made electronically the deadline for receipt of cleared payment is 22nd October 2018. In year interest will be charged if payment is made late. Penalties also apply.

PAYE quarterly payments are
due for small employers
for the pay periods 6th July 2018
to 5th October 2018

This deadline is relevant to small employers only. As a small employer with income tax, national insurance and student loan deductions of less than £1,500 a month you are required to make payment to HMRC of the income tax, national insurance and student loan deductions on a quarterly basis.

Where the payment is made electronically the deadline for receipt of cleared payment is 22nd October 2018. In year interest will be charged if payment is made late. Penalties also apply.

Deadline for submitting
‘paper’ 2017/18
self assessment
returns

This deadline is relevant to individuals who need to complete a self assessment tax return for 2017/18 and wish to file the return in a ‘paper’ form. Self assessment returns submitted after this date must be submitted electronically.

Please note that this deadline is not relevant if we are going to submit an online return for you or you are going to deal with the completion of an online return yourself. The deadline for submission of online returns is 31 January 2019.

If we are already dealing with this matter on your behalf you need take no action.

Deadline for submission of 2017/18 self assessment returns if you require HMRC to compute your tax liability and/or if tax underpaid is to be collected by adjustment to your 2019/20 PAYE code

This deadline is only relevant for those individuals who complete a ‘paper’ self-assessment tax return and who are employees. Where you have an underpayment you may request that HMRC collect the tax outstanding by making an adjustment to your tax code for the year 2019/20.

Please note that where your return is submitted online then the filing deadline for ‘coding out’ is 30 December 2018.

If we are already dealing with this matter on your behalf you need to take no action.

November 2018

Deadline for submitting P46(car) for employees whose car/fuel benefits changed during the quarter to 5th October 2018

This deadline is relevant to employers who provide any employees with the use of a car. The form P46 (car) only needs to be completed where a car is first provided or an additional car is provided, or an employee ceases to have the use of a car without replacement.  The completion of the form enables HMRC to amend the individual’s coding notice to reflect the change in benefit.  This notification may be made by completing and printing off the relevant by paper or online forms.

Where one car is merely replaced with another, this may be notified online.

A change in car for car benefits which are being ‘payrolled’ should not be reported on a P46(car).

PAYE, Student loan and CIS deductions are due for the month to 5th November 2018

This deadline is relevant to employers who have made PAYE deductions from their employees’ salaries and to contractors who have paid subcontractors under the CIS.

Employers are required to make payment to HMRC of the income tax, national insurance and student loan deductions. Contractors are required to make payment to HMRC of the tax deductions made from subcontractors under the CIS.

Where the payment is made electronically the deadline for receipt of cleared payment is 22nd November 2018. In year interest will be charged if payment is made late. Penalties also apply.

December 2018

Advisory Fuel
Rates

New Advisory Fuel Rates (AFR) for company car users apply from today. The rates can be found by visiting https://www.gov.uk/government/publications/advisory-fuel-rates

PAYE, Student loan and CIS deductions are due for the month to 5th December 2018

This deadline is relevant to employers who have made PAYE deductions from their employees’ salaries and to contractors who have paid subcontractors under the CIS. Employers are required to make payment to HMRC of the income tax, national insurance and student loan deductions. Contractors are required to make payment to HMRC of the tax deductions made from subcontractors under the CIS. Where the payment is made electronically the deadline for receipt of cleared payment is Friday 21st December 2018 unless you are able to arrange a ‘Faster Payment’ to clear on or by Saturday 22nd December. In year interest will be charged if payment is made late. Penalties also apply.

Online filing deadline for submitting 2017/18 self assessment return if you require HMRC to collect any underpaid tax by making an adjustment to your 2019/20 tax code

This deadline is relevant for those individuals who complete a self-assessment tax return online and who are employees. Where you have an underpayment you may request that HMRC collect the tax outstanding by making an adjustment to your tax code for the year 2019/20.

If we are already dealing with this matter on your behalf you need to take no action.

DO YOU NEED A QUOTE?

Do you need a solid accountant for your personal tax or Business?

Feel free to contact us for any question or quote.

HMRC Forms

Find all the various forms you might need for you and/or your company. Various pieces of information are available to help you complete them. You can take a look at some of the most useful HMRC Forms you will be able to download online directly.

Tax Rates and Allowances

Find out about the latest rates and allowances on our website. You can check the various current rates and allowances to be able to manage your finance. We are here to help you at any time with these pieces of information, and the rates you will find are updated regularly.

Tax Calculator

Find these useful tools on our website to help you with dealing with figures in your day-to-day accounting. You will be able to calculate various rates in an easy and fast way directly on our website.

Tax Calendar
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