Financial calender 2008/09
Every month
1st* Corporation tax due for companies that pay the tax annually with the year ending nine months and one day previously.
14th* Instalment of corporation tax due for large companies with year ending 15, 12, 9 and 6 months before the end of the previous month.
19th* Pay PAYE/NIC and CIS deductions for period ending on 5th of that month. Submit CIS contractors' monthly return.
22nd* Due date for payment of PAYE/NIC and CIS deductions if paying electronically.
30/31st* Submit CT600 for companies with year ending 12 months previously (28th for February 2008 year end). Last day to amend CT600 for year ending 24 months previously.
30/31st File accounts with Companies House for private companies with year ending 10 months previously and for public companies with year ending 7 months previously (28th for February 2009 for year ending 10 months (private) or 7 months (public) previously).
(*If the due date for payment falls on a weekend or bank holiday, payment must be made by the previous working day.)
July 2008
5th Last day to reach PAYE settlement agreement (PSA) for 2007/08. Close companies to elect for all beneficial loans to a director to be treated as a single loan.
6th Last day to file 2007/08 P11D/P9D forms and issue them to employees (penalties charged from 19 July 2008). Last day to report 2007/08 awards of share options to employees.
31st Due date for second payment on account of 2007/08 income tax. Last day to pay 2006/07 tax to aviod second automatic 5% surcharge and to file 2006/07 tax return to avoid second automatic penalty up to £100
August 2008
2nd Submit form P46 (car) for quarter to 5 July 2008
October 2008
5th Deadline for notifying HMRC of taxable income or gains if no tax return has been issued for 2007/08.
17th Tax and class 1B NIC due under PSA (22nd for electronic payment).
31st Submit 2007/08 tax return if filing on paper to avoid automatic penalty up to £100 and to have unpaid tax of up to £2,000 collected through the 2009/10 PAYE code.
November 2008
2nd Submit form P46 (car) for quarter to 5 October 2008
December 2008
30th Last date to submit 2007/08 tax return online to have unpaid tax of up to £2,000 collected through the 2009/10 PAYE code.
January 2009
31st Due date for balancing payment and CGT for 2007/08 and first payment on account for 2008/09. Submit 2007/08 tax return online to avoid automatic penalty up to £100. Last date to amend 2006/07 tax return for various claims relating to earlier tax years.
February 2009
1st £100 penalty if 2008 tax return not yet filed. Additional penalties may apply for further delay. Interest starts to accrue on 2007/08 tax not yet paid.
2nd Submit P46 (car) for quarter to 5 January 2009.
14th Deadline to claim deferment of class 2 and class 4 NIC for 2008/09
28th Last day to pay 2007/08 tax to avoid automatic 5% surcharge.
April 2009
1 Small companies' CT rate 22%
5 Deadline for paying into an ISA for 2008/09. Last day for making gifts with any unused IHT annual exemption for 2007/08 and for making chargeable gains to use CGT annual exemption for 2008/09.