| July 2013 |
| Friday 5 |
Deadline for reaching a PAYE Settlement Agreement for 2012/13This deadline is relevant for employers who wish to pay the tax and NI on benefits provided to their employees. Agreement must be reached with HMRC of the benefits and related liabilities which are not to be shown on the forms P11D by this date.
Please be aware that if we deal with the PAYE Settlement Agreement on your behalf that we will ensure that this matter is dealt with on a timely basis. |
| Saturday 6 |
Deadline for forms P11D, P9D and P11D(b) for 2012/13 to be submitted to HMRC and copies to be issued to employees concernedThis deadline is relevant to employers. Details of benefits and expenses provided to employees must be reported to HMRC on the relevant forms P11D. The P11D(b) form is used to calculate the employer only class 1A NI liability.
Please be aware that if we deal with the forms P11D on your behalf that we will ensure that this matter is dealt with on a timely basis. |
| Saturday 6 |
Deadline for employers to report share incentives (Form 42) for 2012/13This deadline is relevant for companies who have either received a notice to complete a form 42 or who have reportable events for the tax year 2012/13. |
| Friday 19 |
Class 1A NIC due for 2012/13This deadline is relevant for employers who have provided their employees with benefits for 2012/13. These benefits should have been reported by the 6th July and the amount of the Class 1A employer only NI liability due calculated on the form P11D(b). Where the payment is made electronically the deadline for receipt of cleared payment is 22nd July 2013. Penalties may apply if payment is made late. |
| Friday 19 |
PAYE Student loan and CIS deductions due for the month to 5th July 2013This deadline is relevant to employers who have made PAYE deductions from their employees' salaries and to contractors who have paid subcontractors under the CIS. The contractors' monthly return showing details of payments made to subcontractors must also be filed by today even if a nil return.
Employers are required to make payment to HMRC of the income tax, national insurance and student loan deductions. Contractors are required to make payment to HMRC of the tax deductions made from subcontractors under the CIS.
Where the payment is made electronically the deadline for receipt of cleared payment is 22nd July 2013. Penalties may apply if payment is made late. |
| Friday 19 |
PAYE quarterly payments are due for small employers for the pay periods 6th April 2013 to 5th July 2013This deadline is relevant to small employers and contractors only. As a small employer with income tax, national insurance and student loan deductions of less than £1,500 a month you are required to make payment to HMRC of the income tax, national insurance and student loan deductions on a quarterly basis.
Where the payment is made electronically the deadline for receipt of cleared payment is 22nd July 2013. Penalties may apply if payment is made late. |
| Wednesday 31 |
Second payment on account 2012/13 dueThis deadline is relevant to individuals who need to complete a self assessment tax return and make direct payments to HMRC in respect of their income tax, Class 4 NI, capital gains tax and High Income Child Benefit Charge liabilities.
The second payment on account in respect of income tax and any Class 4 NI is due for payment by 31st July 2013. Interest is charged on any late payments. |
| August 2013 |
| Thursday 1 |
Additional penalty for failing to submit your 2011/12 self assessment returnThis deadline is relevant to individuals who need to complete a self assessment tax return and make direct payments to HMRC in respect of their income tax, Class 4 NI, capital gains tax liabilities.
The 2011/12 return was due for submission to HMRC by 31 January 2013. Where the return is more than six months late a further penalty is charged of £300 or 5% of the tax outstanding, whichever is the higher.
If we have already dealt with your self assessment return on your behalf you need take no action. |
| Friday 2 |
Second 5% late payment penalty on any 2011/12 outstanding tax due on 31st January 2013 still remaining unpaidThis deadline is relevant to individuals who need to complete a self assessment tax return and make direct payments to HMRC in respect of their income tax, Class 4 NI and any capital gains tax liabilities.
The balance of any outstanding income tax, Class 4 NI and capital gains tax for the year ended 5th April 2012 was due for payment by 31st January 2013. Where any of the liability is still outstanding a 5% late payment penalty will be added to the outstanding liability. Interest is also charged on any late payments.
If we have already dealt with this matter on your behalf you need take no action. |
| Friday 2 |
Deadline for submitting P46 (car) for employees whose car/fuel benefits changed during the quarter to 5th July 2013This deadline is relevant to employers who provide any employees with the use of a car. The form P46 (car) only needs to be completed where a car is first provided or an additional car is provided, or an employee ceases to have the use of a car without replacement. The completion of the form enables HMRC to amend the individual's coding notice to reflect the change in benefit.
Where one car is merely replaced with another, this may be notified online. |
| Monday 19 |
PAYE, Student loan and CIS deductions are due for the month to 5th August 2013This deadline is relevant to employers who have made PAYE deductions from their employees' salaries and to contractors who have paid subcontractors under the CIS. The contractors' monthly return showing details of payments made to subcontractors must also be filed by today even if a nil return.
Employers are required to make payment to HMRC of the income tax, national insurance and student loan deductions. Contractors are required to make payment to HMRC of the tax deductions made from subcontractors under the CIS.
Where the payment is made electronically the deadline for receipt of cleared payment is 22nd August 2013. Penalties may apply if payment is made late. |
| September 2013 |
| Thursday 19 |
PAYE, Student loan and CIS deductions are due for month to 5th September 2013This deadline is relevant to employers who have made PAYE deductions from their employees' salaries and to contractors who have paid subcontractors under the CIS. The contractors' monthly return showing details of payments made to subcontractors must also be filed by today even if a nil return.
Employers are required to make payment to HMRC of the income tax, national insurance and student loan deductions. Contractors are required to make payment to HMRC of the tax deductions made from subcontractors under the CIS.
Where the payment is made electronically the deadline for receipt of cleared payment is Friday 20th September 2013 unless you are able to arrange a 'Faster Payment' to clear on or by 22nd September. Penalties may apply if payment is made late. |
| October 2013 |
| Saturday 5 |
Deadline for notifying HMRC of new sources of taxable income or gains or liability to the High Income Child Benefit Charge for 2012/13 if no tax return has been issuedThis deadline is relevant to individuals who have not received a self assessment tax return for the year ended 5th April 2013 but who believe they have received income or capital gains which will result in a tax liability. This deadline is also relevant to individuals who are liable to the High Income Child Benefit Charge.
Individuals must notify HMRC of their liability so that a self assessment return can be issued in good time for the submission deadline of 31st January 2014.
If we have already dealt with this matter on your behalf you need take no action. |
| Saturday 19 |
Tax and NI due under a 2012/13 PAYE Settlement AgreementThis deadline is relevant for employers who have entered into a PAYE settlement agreement to pay tax and national insurance in respect of benefits in kind for their employees for the year ended 5th April 2013.
Where the payment is made electronically the deadline for cleared receipt of cleared payment is 22nd October 2013. |
| Saturday 19 |
PAYE, Student loan and CIS deductions are due for the month to 5th October 2013This deadline is relevant to employers who have made PAYE deductions from their employees' salaries and to contractors who have paid subcontractors under the CIS. The contractors' monthly return showing details of payments made to subcontractors must also be filed by today even if a nil return.
Employers are required to make payment to HMRC of the income tax, national insurance and student loan deductions. Contractors are required to make payment to HMRC of the tax deductions made from subcontractors under the CIS.
Where the payment is made electronically the deadline for receipt of cleared payment is 22nd October 2013. Penalties may apply if payment is made late. |
| Saturday 19 |
PAYE quarterly payments are due for small employers for the pay periods 6th July 2013 to 5th October 2013This deadline is relevant to small employers only. As a small employer with income tax, national insurance and student loan deductions of less than £1,500 a month you are required to make payment to HMRC of the income tax, national insurance and student loan deductions on a quarterly basis.
Where the payment is made electronically the deadline for receipt of cleared payment is 22nd October 2013. Penalties may apply if payment is made late. |
| Thursday 31 |
Deadline for submitting 'paper' 2012/13 self assessment returnsThis deadline is relevant to individuals who need to complete a self assessment tax return for 2012/13 and wish to file the return in a 'paper' form. Self assessment returns submitted after this date must be submitted electronically.
Please note that this deadline is not relevant if we are going to submit an online return for you or you are going to deal with the completion of an online return yourself. The deadline for submission of online returns is 31 January 2014.
If we are already dealing with this matter on your behalf you need take no action. |
| Thursday 31 |
Deadline for submission of 2012/13 self assessment returns if you require HMRC to compute your tax liability and/or if tax underpaid is to be collected by adjustment to your 2014/15 PAYE codeThis deadline is only relevant for those individuals who complete a 'paper' self assessment tax return and who are employees. Where you have an underpayment of up to £3,000 only, you may request that HMRC collect any tax outstanding by making an adjustment to your tax code for the year 2014/15.
Please note that where your return is submitted online then the filing deadline for 'coding out' is 30 December 2013.
If we are already dealing with this matter on your behalf you need take no action. |
| November 2013 |
| Saturday 2 |
Deadline for submitting P46(car) for employees whose car/fuel benefits changed during the quarter to 5th October 2013This deadline is relevant to employers who provide any employees with the use of a car. The form P46 (car) only needs to be completed where a car is first provided or an additional car is provided, or an employee ceases to have the use of a car without replacement. The completion of the form enables HMRC to amend the individual's coding notice to reflect the change in benefit.
Where one car is merely replaced with another, this may be reported online. |
| Tuesday 19 |
PAYE, Student loan and CIS deductions are due for the month to 5th November 2013This deadline is relevant to employers who have made PAYE deductions from their employees' salaries and to contractors who have paid subcontractors under the CIS. The contractors' monthly return showing details of payments made to subcontractors must also be filed by today even if a nil return.
Employers are required to make payment to HMRC of the income tax, national insurance and student loan deductions. Contractors are required to make payment to HMRC of the tax deductions made from subcontractors under the CIS.
Where the payment is made electronically the deadline for receipt of cleared payment is 22nd November 2013. Penalties may apply if payment is made late. |
| December 2013 |
| Thursday 19 |
PAYE, Student loan and CIS deductions are due for the month to 5th December 2013This deadline is relevant to employers who have made PAYE deductions from their employees' salaries and to contractors who have paid subcontractors under the CIS. The contractors' monthly return showing details of payments made to subcontractors must also be filed by today even if a nil return.
Employers are required to make payment to HMRC of the income tax, national insurance and student loan deductions. Contractors are required to make payment to HMRC of the tax deductions made from subcontractors under the CIS.
Where the payment is made electronically the deadline for receipt of cleared payment is Friday 20th December 2013 unless you are able to arrange a 'Faster Payment' to clear on or by 22nd December. Penalties may apply if payment is made late. |
| Monday 30 |
Online filing deadline for submitting 2012/13 self assessment return if you require HMRC to collect any underpaid tax by making an adjustment to your 2014/15 tax codeThis deadline is relevant for those individuals who complete a self assessment tax return online and who are employees. Where you have an underpayment of up to £3,000 only, you may request that HMRC collect any tax outstanding by making an adjustment to your tax code for the year 2014/15.
If we are already dealing with this matter on your behalf you need take no action. |
| January 2014 |
| Sunday 19 |
PAYE, Student loan and CIS deductions are due for the month to 5th January 2014This deadline is relevant to employers who have made PAYE deductions from their employees' salaries and to contractors who have paid subcontractors under the CIS. The contractors' monthly return showing details of payments made to subcontractors must also be filed by today even if a nil return.
Employers are required to make payment to HMRC of the income tax, national insurance and student loan deductions. Contractors are required to make payment to HMRC of the tax deductions made from subcontractors under the CIS.
Where the payment is made electronically the deadline for receipt of cleared payment is 22nd January 2014. Penalties may apply if payment is made late. |
| Sunday 19 |
PAYE quarterly payments are due for small employers for the pay periods 6th October 2013 to 5th January 2014This deadline is relevant to small employers and contractors only. As a small employer with income tax, national insurance and student loan deductions of less than £1,500 a month you are required to make payment to HMRC of the income tax, national insurance and student loan deductions on a quarterly basis.
Where the payment is made electronically the deadline for receipt of cleared payment is 22nd January 2014. Penalties may apply if payment is made late. |
| Friday 31 |
Deadline for submitting your 2012/13 self assessment return (£100 automatic penalty if your return is late even if there is no outstanding tax liability or your return shows you are due a tax refund); balance of your 2012/13 tax due, plus first payment on account for 2013/14 This deadline is relevant to individuals who need to complete a self assessment tax return and make direct payments to HMRC in respect of their income tax, Class 4 NI, capital gains tax and High Income Child Benefit Charge liabilities. There is a penalty of £100 if your return is not submitted on time, even if there is no tax due or your return shows that you are due a tax refund.
The balance of any outstanding income tax, Class 4 NI, capital gains tax and High Income Child Benefit Charge for the year ended 5th April 2013 is due for payment by 31st January 2014. Where the payment is made late interest will be charged.
The first payment on account in respect of income tax and any Class 4 NI or High Income Child Benefit Charge is also due for payment by 31st January 2014.
If we have already dealt with your self assessment return on your behalf you need take no action. |
| February 2014 |
| Saturday 1 |
Additional penalty for failing to submit your 2011/12 self assessment returnThis deadline is relevant to individuals who need to complete a self assessment tax return and make direct payments to HMRC in respect of their income tax, Class 4 NI and any capital gains tax liabilities.
If your 2011/12 self assessment return is still outstanding further penalties are now due. This return was due for submission to HMRC by 31 January 2013. Where the return is more than 12 months late a further penalty is charged of £300 or 5% of the tax outstanding, whichever is the higher. In serious cases you may be asked to pay up to 100% of the tax due instead.
If we have already dealt with your self assessment return on your behalf you need take no action. |
| Sunday 2 |
Additional 5% late payment penalty on any 2011/12 outstanding tax due on 31st January 2013 still remaining unpaidThis deadline is relevant to individuals who need to complete a self assessment tax return and make direct payments to HMRC in respect of their income tax, Class 4 NI and any capital gains tax liabilities.
The balance of any outstanding income tax, Class 4 NI and capital gains tax for the year ended 5th April 2012 was due for payment by 31st January 2013. Where any of the liability is still outstanding a 5% late payment penalty will be added to the outstanding liability. Interest is also charged on any late payments.
If we have already dealt with your self assessment return on your behalf you need take no action. |
| Sunday 2 |
Deadline for submitting P46(car) for employees whose car/fuel benefits changed during the quarter to 5th January 2014This deadline is relevant to employers who provide any employees with the use of a car. The form P46 (car) only needs to be completed where a car is first provided or an additional car is provided, or an employee ceases to have the use of a car without replacement. The completion of the form enables HMRC to amend the individual's coding notice to reflect the change in benefit.
Where one car is merely replaced with another, this can be notified online. |
| Wednesday 19 |
PAYE, Student loan and CIS deductions are due for the month to 5th February 2014This deadline is relevant to employers who have made PAYE deductions from their employees' salaries and to contractors who have paid subcontractors under the CIS. The contractors' monthly return showing details of payments made to subcontractors must also be filed by today even if a nil return.
Employers are required to make payment to HMRC of the income tax, national insurance and student loan deductions. Contractors are required to make payment to HMRC of the tax deductions made from subcontractors under the CIS.
Where the payment is made electronically the deadline for receipt of cleared payment is Friday 21st February 2014 unless you are able to arrange a 'Faster Payment' to clear on or by 22nd February 2014. Penalties may apply if payment is made late. |
| March 2014 |
| Sunday 2 |
5% late payment penalty on any 2012/13 outstanding tax due on 31st January 2014 still remaining unpaidThis deadline is relevant to individuals who need to complete a self assessment tax return and make direct payments to HMRC in respect of their income tax, Class 4 NI, capital gains tax or High Income Child Benefit Charge liabilities.
The balance of any outstanding income tax, Class 4 National Insurance, capital gains tax and High Income Child Benefit Charge for the year ended 5th April 2013 was due for payment by 31st January 2014. Where the payment is made late interest will be charged. On 2 March 2014 a late payment penalty of 5% will be added to the outstanding liability.
If we have already dealt with this matter on your behalf you need take no action. |
| Wednesday 19 |
PAYE, Student loan and CIS deductions are due for the month to 5th March 2014This deadline is relevant to employers who have made PAYE deductions from their employees' salaries and to contractors who have paid subcontractors under the CIS. The contractors' monthly return showing details of payments made to subcontractors must also be filed by today even if a nil return.
Employers are required to make payment to HMRC of the income tax, national insurance and student loan deductions. Contractors are required to make payment to HMRC of the tax deductions made from subcontractors under the CIS.
Where the payment is made electronically the deadline for receipt of cleared payment is Friday 21st March 2014 unless you are able to arrange a 'Faster Payment' to clear on or by 22nd March 2014. Penalties may apply if payment is made late |
| Monday 31 |
Last minute planning for tax year 2013/14The final deadline of 5th April 2014 is relevant to individuals who have not considered year end tax planning issues. These issues include:
- utilising your annual capital gains tax exemption
- utilising your annual inheritance tax exemption for gifts
- utilising your annual Individual Savings Account investment limit
- making additional pension contributions for 2013/14.
Please do get in touch if you would like any further advice on these or any other issues. |