Tax Calendar - SKS Business Services

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Tax Calendar

Tax Calendar 2020

March

Date	Information
1st March	New Advisory Fuel Rates (AFR) for company car users apply from today.
2nd March	5% late payment penalty on any 2018/19 outstanding tax which was due on 31 January 2020 and still remains unpaid.
19th March	PAYE, Student loan and CIS deductions are due for the month to 5 March 2020.
31st March	End of corporation tax financial year. End of CT61 quarterly period. Filing date for Company Tax Return Form CT600 for period ended 31 March 2019. Last minute planning for tax year 2019/20 – please contact us for advice.

April

Date	Information
5th April	Last day of 2019/20 tax year. Deadline for 2019/20 ISA investments and pension contributions. Last day to make disposals using the 2019/20 CGT exemption.
14th April	Due date for income tax for the CT61 period to 31 March 2020
19th April	Automatic interest is charged where PAYE tax, Student loan deductions, Class 1 NI or CIS deductions for 2019/20 are not paid by today. Penalties may also apply if any payments have been made late throughout the tax year. PAYE quarterly payments are due for small employers for the pay periods 6 January 2020 to 5 April 2020.PAYE, Student loan and CIS deductions are due for the month to 5 April 2020. Deadline for employers’ final PAYE return to be submitted online for 2019/20.

May

Date	Information
3rd May	Deadline for submitting P46(Car) for employees whose car/fuel benefits changed during the quarter to 5 April 2020.
19th May	PAYE, Student loan and CIS deductions are due for the month to 5 May 2020.
31st May	Deadline for forms P60 for 2019/20 to be issued to employees.

June

Date	Information
1st June	New Advisory Fuel Rates (AFR) for company car users apply from today.
19th June	PAYE, Student loan and CIS deductions are due for the month to 5 June 2020.
30th june	End of CT61 quarterly period.

July

Date	Information
5th July	Deadline for reaching a PAYE Settlement Agreement for 2019/20.
6th July	Deadline for forms P11D and P11D(b) for 2019/20 to be submitted to HMRC and copies to be issued to employees concerned. Deadline for employers to report share incentives for 2019/20
14th July	Due date for income tax for the CT61 period to 30 June 2020.
19th July	Class 1A NICs due for 2019/20. PAYE, Student loan and CIS deductions due for the month to 5 July 2020. PAYE quarterly payments are due for small employers for the pay periods 6 April 2020 to 5 July 2020.
31st July	Second payment on account 2019/20 due.

August

Date	Information
2nd August	Deadline for submitting P46(Car) for employees whose car/fuel benefits changed during the quarter to 5 July 2020.
19th August	PAYE, Student loan and CIS deductions are due for the month to 5 August 2020.

September

Date	Information
1st September	New Advisory Fuel Rates (AFR) for company car users apply from today.
19th September	PAYE, Student loan and CIS deductions are due for the month to 5 September 2020.
30th September	End of CT61 quarterly period.

October

Date	Information
1st October	Due date for payment of Corporation Tax for period ended 31 December 2019.
5th October	Deadline for notifying HMRC of new sources of taxable income or gains or liability to the High Income Child Benefit Charge for 2019/20 if no tax return has been issued.
14th October	Due date for income tax for the CT61 quarter to 30 September 2020.
19th October	Tax and NICs due under a 2019/20 PAYE Settlement Agreement. PAYE, Student loan and CIS deductions are due for the month to 5 October 2020. PAYE quarterly payments are due for small employers for the pay periods 6 July 2020 to 5 October 2020.
31st October	Deadline for submitting ‘paper’ 2019/20 self assessment returns.

November

Date	Information
2nd November	Deadline for submitting P46(Car) for employees whose car/fuel benefits changed during the quarter to 5 October 2020.
19th November	PAYE, Student loan and CIS deductions are due for the month to 5 November 2020.

December

Date	Information
1st December	New Advisory Fuel Rates (AFR) for company car users apply from today.
19th December	PAYE, Student loan and CIS deductions are due for the month to 5 December 2020.
30th December	Online filing deadline for submitting 2019/20 self assessment return if you require HMRC to collect any underpaid tax by making an adjustment to your 2021/22 tax code.
31st December	End of CT61 quarterly period. Filing date for Company Tax Return Form CT600 for period ended 31 December 2019.

Tax Calendar 2021

January

Date	Information
1st January	Due date for payment of corporation tax for period ended 31 March 2020.
14th January	Due date for income tax for the CT61 quarter to 31 December 2020
19th January	PAYE, Student loan and CIS deductions are due for the month to 5 January 2021. PAYE quarterly payments are due for small employers for the pay periods 6 October 2020 to 5 January 2021
31st January	Deadline for submitting your 2019/20 self assessment return (£100 automatic penalty if your return is late) and the balance of your 2019/20 liability together with the first payment on account for 2020/21 are also due. Capital gains tax payment for 2019/20. Balancing payment – 2019/20 income tax and Class 4 NICs. Class 2 NICs also due.

February

Date	Information
2nd February	Deadline for submitting P46(Car) for employees whose car/fuel benefits changed during the quarter to 5 January 2021.
19th February	PAYE, Student loan and CIS deductions are due for the month to 5 February 2021.

March

Date	Information
1st March	New Advisory Fuel Rates (AFR) for company car users apply from today.
3rd March	5% late payment penalty on any 2019/20 outstanding tax which was due on 31 January 2021 and still remains unpaid.
19th March	PAYE, Student loan and CIS deductions are due for the month to 5 March 2021.
31st March	End of corporation tax financial year. End of CT61 quarterly period. Filing date for Company Tax Return Form CT600 for period ended 31 March 2020. Last minute planning for tax year 2020/21 – please contact us for advice.