Deadline for sole traders and partnerships to: send in a completed tax return for 2001/2002 tax year; make final payment of tax due for that year; make first payment on account for the current tax year.
February 28: Any unpaid tax for 2001/2002 will be increased by an automatic 5% surcharge.
May 19: Submit annual return (P35) if your business has employees.
May 31: Annual statements of pay and tax deductions (P60) due.
July 6: Provide a statement (P11D) of any benefits in kind paid to your employees earning over £8,500.
July 31: Sole traders and partners to make second payment on account for 2001/2002. Outstanding tax returns for 2001/2002 will trigger a second £100 late filing penalty and tax outstanding generates 5% surcharge.
September 30: Tax return to previous 5 April to reach Revenue if you wish it to work out your tax liabilities or you want your tax bill collected through next year’s PAYE code.
19th of each month: Pay Revenue PAYE and NIC due for employees on their salary for previous month.
End of the month: If you are VAT-registered, send VAT return form VT100 and tax due to Customs.
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy