14 Apr
Tax Calendar

April 2008
1/6 - First year capital allowances replaced by £50,000 annual investment allowance for plant and machinery along with other capital allowances changes.


5 - Last day of 2007/08 tax year.
Last day to use up your annual exemptions for capital gains tax, inheritance tax and ISA's.
Capital Gains Tax Taper Relief withdrawn.


6 - Capital Gains Tax rate reduced to 18%.


14 - Return and Payment of CT61 tax due for quarter to 31 March 2008


19/22 - PAYE/NIC and CIS payment due for month to 5/4/2008 or quarter 4 of 2007/08 for small employers


20  -Interest begins to accrue on any unpaid PAYE/NIC for 2007/08

May 2008
3 - Last day to notify car changes in the quarter to 5 April - P46 Car


19 - Deadline for Employers' 2007/08 end of year PAYE Returns (P35, P14, P38 & P38A). Also last date for filing contractors return online. Penalties for non submission and incentives for filing online.


19/22 - PAYE/NIC due for month to 5/5/2008


31 - Deadline to issue copies of P60 to employees for 2007/08

June 2008
19/22 - PAYE/NIC due for month to 5/6/2008


30 - Deadline for UK businesses to reclaim EC VAT chargeable in 2007

July 2008
6 - Deadline for 2007/08 forms P11Db, P11D and P9D to be submitted and copies of P11D and P9D to be issued to relevant employees


6  -Deadline for employers to report share incentives for 2007/08 - form 42


14 - Return and Payment of CT61 tax due for quarter to 30 June 2008


19/22 - PAYE/NIC due for month to 5/7/2008 or quarter 1 of 2008/09 for small employers


19 - Class 1A NIC due in respect of the tax year 2007/08


31 - Second self assessment payment on account due for 2007/08.
Second 5% penalty surcharge on any 2006/07 outstanding tax due on 31 January 2008 still unpaid.
Second £100 penalty if 2006/07 tax return due for filing on 31 January 2008 is still outstanding.

August 2008
2 - Last day to notify car changes in the quarter to 5 July - P46 Car


19/22 - PAYE/NIC due for month to 5/8/2008

September 2008
19/22 - PAYE/NIC due for month to 5/9/2008

October 2008
1 - Due date for payment of Corporation Tax for the year ended 31 December 2007


5 - If a Tax Return has not been received, individuals and trustees must notify HMRC of new sources of income and chargeability for 2007/08


14 - Return and payment of CT61 tax due for quarter to 30 September 2008


19 - Tax and Class 1B national insurance due on PAYE settlements for 2007/08


19/22 - PAYE/NIC due for month to 5/10/2008 or quarter 2 of 2008/09 for small employers


31 - Deadline for 2007/08 self assessment paper returns to be filed for the Revenue to do the tax calculation and/or if tax underpaid is to be collected by adjustment to your 2009/10 PAYE code (for underpayments of up to £2000 only)

November 2008
2  -Last day to notify car changes in the quarter to 5 October - P46 Car


19/22 - PAYE/NIC due for month to 5/11/2008

December 2008
19/22 - PAYE/NIC due for month to 5/12/2008


30 - Deadline for 2008/09 self assesment online returns to be filed for HMRC to do the tax calculation for and/or if tax underpaid is to be collected by adjustment to your 2009/10 PAYE code (for underpayments of up to £2000 only).
VAT reclaim deadline for submission of all claims for non EU traders wanting to reclaim VAT in the UK.

January 2009
1 - Due date for payment of Corporation Tax for the year ended 31 March 2008


14 - Return and payment of CT61 tax due for quarter to 31 December 2008


19/22 - PAYE/NIC due for month to 5/1/2009 or quarter 3 of 2008/09 for small employers


31 - Deadline for filing 2007 Self Assessment personal, partnership and trust Tax Returns - £100 first penalty for late filing.
Balancing self assessment payment due for 2007/08.
Capital gain tax payment due for 2007/08.
First self assessment payment on account due for 2008/09.
Interest accrues on all late payments.
Last chance for HMRC to inform you if it intends to start an enquiry into your 2006/07 Tax Return.

February 2009
2 - Last day to notify car changes in the quarter to 5 January - P46 Car


19/22 - PAYE/NIC due for month to 5/2/2009


28 - First 5% penalty surcharge on any 2007/08 outstanding tax due on 31 January 2009 still unpaid

March 2009

19/22 - PAYE/NIC due for month to 5/3/2009


31 - Last minute tax planning for the 2008/09 tax year. Ensure you use up all exemptions to which you are entitled.

April 2009
5 - End of 2008/09 tax year.
Last day to use up your annual exemptions for capital gains tax, inheritance tax and ISA's.


14 - Return and payment of CT61 tax due for quarter to 31 March 2009


19/22 - PAYE/NIC due for month to 5/4/2009 or quarter 4 of 2008/09 for small employers.
Interest will run on any unpaid PAYE/NIC for the tax year 2008/09.

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