Reminder
self-assessment deadline
Don't
forget that the self-assessment deadline is 31st January 2010
forelectronic returns (2008 -09). Paper returns had to be filed by
31 October 2009. If you file a return after this date you will incur
a £100 filing penalty.
If we
prepare your return we will make every effort to file this electronically
- in which case the deadline remains 31 January 2010. However for
those clients who have not yet sent us their tax return information
for 2008 -09, we do need time to process the information for you,
so please submit outstanding paperwork as soon as possible. And don't
forget when we have completed the return for you we are not allowed
to file unless we have your authority to do so. Please return any
written or emailed requests to authorise submission as soon as you
can.
Tax
Diary December 2009/January 2010
19
December 2009 - PAYE and NIC deductions due for month ended 5
December 2009. (If you pay your tax electronically the due date is
22 December 2009)
19
December 2009 - Filing deadline for the CIS300 monthly return
for the month ended 5 December 2009
19
December 2009 - CIS tax deducted for the month ended 5 December
2009 is payable by today.
1
January 2010 - Due date for corporation tax payable for the year
ended 31 March 2009.
19
January 2010 - PAYE and NIC deductions due for month ended 5 January
2010. (If you pay your tax electronically the due date is 22 January
2010)
19
January 2010 - Filing deadline for the CIS300 monthly return for
the month ended 5 January 2010
19
January 2010 - CIS tax deducted for the month ended 5 January
2010 is payable by today.
31
January 2010 - Last day for electronic filing of Self Assessment
returns for 2009
31
January 2010 - Due date for payment of any balance of self assessment
liability for the tax year ending 5 April 2009, plus any payment on
account due for the tax year ending 5 April 2010.
Annual
Diary
PAYE (Pay As You Earn) Filing/Issuing Deadlines:
19th
May P14, P35, P38, P38A & CIS36
31st May Issue P60s to employees*
6th July P9D, P11D,& P11D(b), and appropriate copies to employees
19th July Payment due on Class 1A NICs
*Only
relevant to Employers
Self Assessment Returns:
6th
April Issued by the Inland Revenue
30th September Inland Revenue will calculate tax liability
if SA Return has been received by then.
31st January Latest date for submission
VAT
Payments
Most
people pay their VAT quarterly, although you can pay monthly if
you so desire. If your first quarter is January - March, for example,
your VAT payment is due on or before 30th April; so you have a month
from the end of you quarter in which to pay.
If, however, you file your VAT Returns online with Her Majesty's
Revenue & Customs (HMRC), you get an extra 7 days to both submit
and pay your return.
We
would need your authority, as your accountant, to complete this process
for you.
Payments of Income Tax/Class 4 NICs
31st
January balancing payment and 1st payment on account
31st July 2nd payment on account
9
months and one day after the end of the accounting period (or by
quarterly installments if large company)
Surcharges
(on amounts outstanding):
28th
February 5% on unpaid at that date
31st July Further 5% on amount unpaid at that date
Penalties for late Self Assessment Returns:
Usually
£100, or the amount of the liability if less.
31st
January where returns are outstanding at that date
31st July Further penalty if still outstanding
For
advice on the above information and any updated rates please refer
to the office or News Pages
