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Important Dates

Lots of important dates to be aware of - good to keep referring back to.


Trading Accounts - a company has to file it’s accounts within 9 months of its year end.


Personal Tax return - HMRC needs to have your annual trading accounts and your personal tax return usually by 31 January following the end of the tax year (6 April to 5 April).


Personal Tax payment - you usually need to pay your personal tax liability in two instalments, known as payments on account. These are paid before 31 January and 31 July each year with a balancing payment on 31 January if there is any amount outstanding.


VAT returns & payment are due by the end of the month following your quarter end.

For example:

Quarter ending 31st March Due by 30th April
Quarter ending 30th June
Due by 31st July
Quarter ending 30th September
Due by 31st October
Quarter ending 31st December
Due by 31st January


If you decide to employ staff:

Payroll - P35 & P14’s - these are due with HMRC at the end of each tax year - this is not the same as your company year, the tax year is 6 April to 5 April. The forms must be with HMRC by 19 May.


Payroll - P11d & P11d(b) - these detail any benefits that you have received and expenses that the company has paid you. As above these are due at the end of each tax year as well, though you have until the 6 July to file these.


Payroll - Class 1A NIC - if you have paid yourself some form of benefits, for example, health insurance or a company car, then there will be National Insurance due. This payment is due by 19th July after the end of the tax year.


Payroll - PAYE & NIC deductions - if you have opted for a salary level that incurs Income Tax and National Insurance Contributions then these must be paid within 14 days of the end of each period. Most contractors are eligible to pay this quarterly at the dates below;

Quarter ending 5th April Payment due by 19th April
Quarter ending 5th July
Payment due by 19th July
Quarter ending 5th October
Payment due by 19th October
Quarter ending 5th January
Payment due by 19th January

Disclaimer:

This information is for general information only. We take no responsibility for any action taken or refrained from in consequence of its contents. Always seek our professional advice specific to your circumstances before acting.