Key dates and deadlines
Below are some of the key financial dates and deadlines for 2008.
Limited Company Deadlines:-
Filing Accounts:-
Unless you are filing your company's first accounts the time normally allowed for delivering accounts to Companies House is:
- Private company, 10 months from the accounting reference date; or
- Public company, 7 months from the accounting reference date.
However, if the accounting reference period has been shortened or you are filing your company's first accounts these dates may vary.
Corporation Tax: Payable:-
Nine months after the end of the accounting period (or by quarterly instalments if a large company i.e. profits over £1.5m).
Payments by instalments for large companies,
- Four instalments based on estimated tax liability.
- First instalment due six months and 13 days after the start of the accounting period and normally every three months thereafter.
Corporation Tax Returns Submitted:-
The later of either 12 months after the end of the company's financial period, or three months after receipt of the notice to deliver (CT603).
Share Scheme Returns:-
| July | |
| 6th | Share scheme returns to be sent to HM Revenue & Customs setting out details of shares or options granted to employees by reason of their employment in the previous tax year |
Pay As You Earn (PAYE) Filing & Issuing Deadlines:-
| May | |
| 19th | P14, P35, P38, P38A & CIS36 |
| 31st | Employers to have issued P60’s to employees |
| July | |
| 6th | P9D, P11D, P11D(b) and issue appropriate copies to employees |
| 19th | Payment due on Class 1A NIC |
Self Assessment Returns:-
| January | |
| 31st |
Latest date for submission of online self assessment return Income Tax / Class 4 NIC balancing payment and 1st payment on account Usually £100 penalty issued where returns are outstanding at this date |
| February | |
| 28th | 5% surcharge payable on unpaid Income Tax / Class 4 NIC at that date |
| April | |
| 5th | End of the tax year |
| 6th | Self Assessment returns issued by HM Revenue & Customs |
| July | |
| 31st |
Income Tax / Class 4 NIC 2nd payment on account Further 5% surcharge payable on unpaid Income Tax / Class 4 NIC at that date A further penalty is issued where returns are still outstanding at this date |
| September | |
| 30th | HM Revenue & Customs will calculate tax liability if the self assessment has been received by then |
| October | |
| 31st | Filing deadline for submitting paper self assessment returns |
Key Monthly / Quarterly Diary Dates
19th of each month
- PAYE/NIC payment for previous month’s salary to reach HM Revenue & Customs Accounts Office (or by quarter if paying quarterly)
- Construction industry monthly return due
