| April 6/7 |
Tax Returns, or notices to submit a Return,
for the tax year ended on the previous 5th April issued by the
Inland Revenue. |
| July 31 |
Second interim payment for the tax year ended
on the previous 5th April should reach the Collector of Taxes (the
first interim payment should have been paid by the previous January
31). |
| September 30 |
Tax Returns submitted in a paper format
should have reached the Inland Revenue for them to guarantee they
will calculate your liability and tell you what to pay by the following
31st January. Also, if you are employed, and you want any underpayment
of tax (up to £2,000) for the tax year ended on the previous
5th April to be collected by an adjustment to your Coding Notice
for the tax year starting on the following 6th April, the Tax Return
should be submitted by this date. |
| December 29 |
Tax Returns submitted electronically should
have reached the Inland Revenue for them to guarantee they will
calculate your liability and tell you what to pay by the following
31st January. Also, if you are employed, and you want any underpayment
of tax (up to £2,000) for the tax year ended on the previous
5th April to be collected by an adjustment to your Coding Notice
for the tax year starting on the following 6th April, the Tax Return
should be submitted by this date.
|
| January 31 |
Final date for filing Tax Returns in any format
for the tax year ended on the previous 5th April; if the Tax Return
was issued less than three months before this date, the time limit
is extended to three month after the date of issue. There is a £100
penalty for late filing. |
| January 31 |
Balancing payment for the tax year ended on the
previous 5th April and first interim payment for the tax year ending
on the following 5th April should reach the Collector of Taxes. |
| March 1 |
Any balance of tax for the tax year ended on
the previous 5th April not paid by this date will attract a 5%
surcharge. A second 5% surcharge will arise if any tax is still
unpaid on the following 1st August. |
