Tax Calendar

Every month

1 Annual corporation tax due for companies with a year ending nine months and a day earlier, eg tax due 1 July 2011 for year ending 30 September 2010.

14 Quarterly instalment of corporation tax due for large companies (depending on accounting year end).

19 Pay PAYE/NIC and CIS deductions for period ending 5th of the month if not paying electronically. Penalties apply to late payments (including electronic payments). Submit CIS contractors’ monthly return.

22 PAYE/NIC and CIS deductions paid electronically should have cleared into HMRC bank account.

30/31 Submit CT600 for a year ending 12 months earlier. Last day to amend CT600 for a year ending 24 months earlier. File accounts with Companies House for private companies with a year ending nine months earlier and for public companies with a year ending six months earlier.

If the due date for payment falls on a weekend or bank holiday, payment must be made by the previous working day.

---

March 2011

31 Last-minute planning for 2010/11. Last few days to use any CGT and inheritance tax annual allowances and exemptions. Last day for corporation tax (CT) claims for year ending 31 March 2007. Deadline for VAT repayment claims for expenses incurred in other EU countries during 2009.

April 2011

1 Corporation tax rates reduced to 26% (main) and 20% (small profits). All CT returns must be submitted online using iXBRL format, and all CT must be paid electronically.
5 Last day of tax year. Deadline for paying into an ISA for 2010/11. Last day to make gifts to use up annual IHT exemption for 2009/10 and for disposals using 2010/11 annual CGT exemption and to make self assessment claims for 2006/07. Last day to make pension contributions up to £255,000.
6 National insurance rates rise by 1%. New 5% rate of stamp duty land tax on residential properties costing £1 million or more. Basic personal allowance increases to £7,475, but basic rate threshold goes down to £35,000. Requirement to use registered pension scheme funds to buy an annuity is abolished. New rules for pension contributions start, including annual £50,000 allowance. ISA limit becomes £10,680 of which up to £5,340 can be in cash.
14 Due date for paper EC Sales List (VAT 101), CT61 return and CT payment for quarter to 31 March 2011.
20 Interest accrues on employers’ unpaid PAYE and NIC for 2010/11 (23rd if paying electronically).
30 IHT due on lifetime transfers between 6 April and 30 September 2010.

May 2011

3 Submit employer forms P46 (car) for quarter to 5 April 2011.
19 File 2010/11 end of year PAYE forms. All employers must file online. Penalties charged for late submission.
31 Last day to issue 2010/11 P60s to employees.

July 2011

5 Final date to agree 2010/11 PAYE Settlement Agreements (PSA).
6 Last date for returns of expenses and benefits (forms P11D, P9D and P11(b)) for 2010/11 to reach HMRC. Relevant employees to receive copies of forms P11D and P9D.
Last date to submit annual returns for employee share schemes and employment-related securities for 2010/11 (forms 34, 35, 39, 40 and 42).
14 Due date for paper EC Sales List (VAT 101), CT61 return and CT payment for quarter to 30 June 2011.
19 Class 1A NICs for 2010/11 due (22 if paid electronically).
31 Confirm tax credit claims for 2010/11. Due date for second payment on account of 2010/11 income tax and Class 4 NIC. Last day to pay 2009/10 tax to avoid second automatic 5% surcharge (unless late payment agreed with HMRC). Last day to file 2009/10 tax return to avoid second automatic penalty up to £100.

August 2011

2 Submit employer forms P46 (car) for quarter to 5 July 2011.

September 2011

30 Deadline for VAT repayment claims for expenses incurred in other EU countries during 2010.

October 2011

5 Deadline to notify HMRC of chargeability to income tax or CGT for 2010/11.
14 Due date for paper EC Sales List (VAT 101), CT61 return and CT payment for quarter to 30 September 2011.
31 Deadline to submit 2010/11 self-assessment tax return if filed on paper.

November 2011

2 Submit employer forms P46 (car) for quarter to 5 October 2011.

December 2011

30 Last day to submit 2010/11 tax return online to have unpaid tax of up to £2,000 collected through the 2012/13 PAYE code.

January 2012

14 Due date for paper EC Sales List (VAT 101), CT61 return and CT payment for quarter to 31 December 2011.
31 Submit 2010/11 self-assessment return online (up to £100 penalty if late). Pay balance of 2010/11 income tax and CGT plus first payment on account for 2011/12.

February 2012

2 Submit employer forms P46 (car) for quarter to 5 January 2012.
28 Last day to pay 2010/11 tax to avoid automatic 5% surcharge (unless late payment agreed with HMRC).

March 2012

31 Last few days to use any CGT and IHT annual allowances and exemptions.Last Updated