Important Dates To Remember
Being aware of tax deadlines is important in ensuring you do not receive any fines as well providing sufficient time to prepare for each submission.
Whether is it Self Assessment submissions, being aware of the start and end of tax years or PAYE tax dates, saving these in your phones can save both time and money.
Self Assessment Dates
- 5 Apr 2019 – Last day of 2018/19 tax year.
- 31 Jul 2019 – Deadline for 2nd payment on account for tax year ending 5 April 2019.
- 31 Oct 2019 – Deadline for paper self-assessment returns for 2018/19 tax year.
- 31 Jan 2020 – Online self-assessment tax returns for 2019/20 tax year must be submitted by this date.
PAYE Tax Dates
6 Apr 2019 – First day of new tax year 2019/20.
31 May 2019 – Copies of 2018/19 P60 documents issued to employees.
6 Jul 2019 – Copies of 2018/19 P11d documents issued to employees.
5 Apr 2020 – Last day of tax year 2019/20.
Company Year End Accounts
The choice of date for your accounting year-end is entirely up to you as a business owner.
Determining the date is an important decision with several factors to consider, as this will affect when you pay tax on your profits.
Contact us for assistance and more information regarding this.
If you require more information/assistance with respect to tax deadlines/submissions or any other queries, please do not hesitate to contact us and we will aim to help resolve your queries