(MAIN) Financial Diary Dates

Financial Diary - Main Diary

05/04/2010

End of the fiscal year.
Last opportunity to pay personal pension contributions in respect of 2009/10.
Last opportunity to utilise capital gains tax exemption of £10,100 for 2009/10.
Last opportunity to utilise inheritance tax exemption of £3,000 for 2009/10, and £3,000 for 2008/09, if not already used.
Last opportunity for IR35 companies to pay salaries so that they contribute to PAYE / NIC due for 2009/10.

19/04/2010

Deadline for payment of 2009/10 PAYE / NIC and CIS deductions by employers. Interest automatically applies thereafter.
Deadline for payment of 2009/10 PAYE / NIC on deemed salaries for IR35 companies. Interest automatically applies thereafter.

19/05/2010

Deadline for submission of employer / subcontractor year end forms.

31/05/2010

Deadline for submission of P60s to employees.

06/07/2010

Deadline for submission of P11D forms to inland revenue.
Deadline for submission of P11D forms to employees.
Deadline for calculating PAYE / NIC due under PAYE settlement agreements.

19/07/2010

Due date for payment of Class 1A national insurance (levied on most benefits in kind) by employers to the collector of taxes.

31/07/2010

Second payment on account for 2009/10 due.
Further 5% automatic surcharge arises on unpaid 2008/09 liabilities.

06/10/2010

Last date to notify HMRC of a tax liability where no tax return issued.

31/10/2010

Deadline for submission of paper tax returns

30/12/2010

Last date to file returns electronically to carry forward underpayments of less than £2,000.

31/01/2011

Deadline to file Tax Returns of the year ending 5 April 2010.
Payment of 2009/10 balancing payment due.
Payment of 2009/10 capital gains tax due.
First payment on account for 2010/11due.

02/02/2011

Automatic £100 penalty applied in respect of undelivered 2010 tax returns.

28/02/2011

5% automatic surcharge arises on unpaid 2009/10 liabilities.