Section Menu

Exchange Rates

FT Money Show

Campaign calls for fund managers to cut fees
Thu, 02 Feb 2012 00:00:00 +0000

Why a new campaign wants fund managers to come clean on charges. Also, how competitive are loans from State Bank of India and Bank of China? And, how long have you got to claim for solar panel subsidies.

How you can buy into the Chinese renminbi
Thu, 26 Jan 2012 00:00:00 +0000

FT Money reporters look at how investors can make money from strong currencies. We also examine how charges can eat into your pension and what's happening to mortgage rates at the moment.

How to benefit from employee share schemes
Thu, 19 Jan 2012 00:00:00 +0000

Will it become easier to share in your employer's profits under new government proposals? We also look at the most profitable buy to let properties and a new care fees solution

Mortgage Calculator

Loan amount
Period (years)
Interest Rate (%)
Projected monthly repayments :
Repayment
Interest only

Tax Calendar

Grey date boxes denote Personal Tax dates whilst blue date boxes denote Business Tax dates.

Use the open link to see a more detailed explanation.

January 31
2012
Balance of your 2010/11 tax due, plus first payment on account for 2011/12.

The balance of any outstanding income tax, class 4 NI and capital gains tax for the year ended 5 April 2010 is due for payment by 31 January 2012. 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 is also due for payment by 31 January 2012.

add to your calendar program iCalendar

January 31
2012
Deadline for submitting your 2010/11 self assessment return (up to £100 penalty if your return is late).

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 and any capital gains tax liabilities. There is a penalty of up to £100 if your return is not submitted on time.

add to your calendar program iCalendar

February 02
2012
Deadline for submitting P46(car) for employees whose car/fuel benefits changed during the quarter to 5 January 2012

This 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 there is a change in provision for example a new or additional car is provided, or an employee ceases to have the use of a car. The completion of the form enables HMRC to amend the individual's coding notice to reflect the change in benefit.

add to your calendar program iCalendar

February 19
2012
PAYE and CIS deductions are due for the month to 5 February 2011

This 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 19 August 2011.

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 payment is 22 February 2012.

add to your calendar program iCalendar

February 29
2012
5% penalty surcharge on any 20010/11 outstanding tax due on 31st January 2012 still remaining unpaid

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 and Class 4 NI liabilities and any capital gains tax.

The balance of any outstanding income tax, class 4 NI and capital gains tax for the year ended 5 April 2010was due for payment by 31 January 2012. Where the payment is made late interest will be charged. If the payment is made after 29 February 2012 a surcharge of 5% will be added to the outstanding liability.

add to your calendar program iCalendar

March 19
2012
PAYE and CIS deductions are due for the month to 5 March 2012

This 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 19 March 2012.

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 payment is 22 March 2012.

add to your calendar program iCalendar

April 05
2012
End of Tax financial year.

Last day to use the 20010/11 ISA investment limit of £7,200

Last day to use the 20010/11 capital gains tax exemption of £9,600

Last day to utilise 20010/11 inheritance tax exemptions

Taper relief for business and non business assets is withdrawn as also is indexation allowance

add to your calendar program iCalendar

April 19
2012
PAYE and CIS deductions are due for the month to 5 April 2012

This 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 19 April 2012.

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 payment is 22 April 2012.

add to your calendar program iCalendar

May 03
2012
Deadline for submitting P46(car) for employees whose car/fuel benefits changed during the quarter to 5 April 2012

This 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 there is a change in provision for example a new or additional car is provided, or an employee ceases to have the use of a car. The completion of the form enables HMRC to amend the individual's coding notice to reflect the change in benefit.

add to your calendar program iCalendar

May 19
2012
PAYE and CIS deductions are due for the month to 5 May 2011

This 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 19 May 2011.

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 payment is 22 May 2011.

add to your calendar program iCalendar

May 31
2012
Last day to issue 2009/10 P60s to employees

Employers are required to issue P60s to employees.

add to your calendar program iCalendar

June 19
2012
PAYE and CIS deductions are due for the month to 5 June 2012

This 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 19 June 2012.

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 payment is 22 June 2012.

add to your calendar program iCalendar

July 19
2012
PAYE and CIS deductions are due for the month to 5 July 2012

This 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 19 July 2012.

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 payment is 22 July 2012.

add to your calendar program iCalendar

July 31
2012
Second £100 penalty if 2010/11 tax return due on 31 January 2011 still outstanding.

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 and any capital gains tax liabilities. There is an additional penalty imposed on 31 July 2011 if your return for 2010/11, which was due for submission by 31 January 2011, has still not been submitted.

add to your calendar program iCalendar

July 31
2012
Second payment on account 2010/11 due

Second 5% surcharge on any 2009/10 outstanding tax due on 31 January 2011 still remaining unpaid. The balance of any outstanding income tax, class 4 NI and capital gains tax for the year ended 5 April 2010 was due for payment by 31 January 2011. Where any of the liability is still outstanding a 5% surcharge will be added to the outstanding liability. Interest is charged on any late payments. The second payment on account in respect of income tax and any class 4 NI is also due for payment by 31 July 2011.

add to your calendar program iCalendar

August 02
2012
Deadline for submitting P46 (car) for employees whose car/fuel benefits changed during the quarter to 5 July 2012

This 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 there is a change in provision for example a new or additional car is provided, or an employee ceases to have the use of a car. The completion of the form enables HMRC to amend the individual's coding notice to reflect the change in benefit.

add to your calendar program iCalendar

August 19
2012
PAYE and CIS deductions are due for the month to 5 August 2012

This 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 19 August 2012.

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 payment is 21 August 2012.

add to your calendar program iCalendar

September 19
2012
PAYE and CIS deductions are due for month to 5 September 2012

This 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 19 September 2012.

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 payment is 22 September 2012.

add to your calendar program iCalendar

October 05
2012
Deadline for notifying HMRC of new sources of taxable income or gains for 2010/11 if no tax return has been issued

This deadline is relevant to individuals who have not received a self assessment tax return for the year ended 5 April 2011 but who believe they have received income or capital gains which will result in a tax liability. Individuals must notify HMRC of their liability so that a self assessment return can be issued in good time for the submission deadline of 31 January 2012.

add to your calendar program iCalendar

October 19
2012
Tax and NI due under a 2010/11 PAYE Settlement Agreement

This 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 5 April 2011.

add to your calendar program iCalendar

October 19
2012
PAYE quarterly payments are due for small employers for the pay periods 6 July 2012 to 5 October 2012

This 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 payment is 22 October 2012.

add to your calendar program iCalendar

October 19
2012
PAYE and CIS deductions are due for the month to 5 October 2012

This 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 19 October 2012.

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 payment is 22 October 2012.

add to your calendar program iCalendar

October 31
2012
Deadline for submission of 2010/11 self assessment returns if you require HMRC to compute your tax liability

This deadline is relevant for those individuals who complete a paper self Assessment tax return and who are employees. Where you have an underpayment of up to £2,000 only, you may request that HMRC collect any tax outstanding by an adjustment to your tax code for the year 2012/13.

add to your calendar program iCalendar

October 31
2012
Deadline for submitting 'paper' 2010/11 self assessment returns

This deadline is relevant to individuals who need to complete a self assessment tax return for 2010/11 and wish to file the return in a paper form. Self assessment returns submitted after this date must be submitted electronically.

add to your calendar program iCalendar

November 02
2012
Deadline for submitting P46(car) for employees whose car/fuel benefits changed during the quarter to 5 October 2012

This 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 there is a change in provision for example a new or additional car is provided, or an employee ceases to have the use of a car.

The completion of the form enables HMRC to amend the individual's coding notice to reflect the change in benefit.

add to your calendar program iCalendar

November 19
2012
PAYE and CIS deductions are due for the month to 5 November 2012

This 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 19 November 2012.

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 payment is 20 November 2012.

add to your calendar program iCalendar

December 19
2012
PAYE and CIS deductions are due for the month to 5 December 2012

This 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 19 December 2012.

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 payment is 22 December 2012.

add to your calendar program iCalendar

December 30
2012
Online deadline for submitting 2010/11 S.A. return if you require HMRC to collect any underpaid tax via your 2013/14 tax code

This 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 £2,000 only, you may request that HMRC collect any tax outstanding by an adjustment to your tax code for the year 2013/14.

add to your calendar program iCalendar

January 19
2013
PAYE and CIS deductions are due for the month to 5 January 2013

This 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 19 January 2013.

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 payment is 22 January 2013.

add to your calendar program iCalendar

January 19
2013
PAYE quarterly payments are due for small employers for the pay periods 6 October 2010 to 5 January 2013

This 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 payment is 22 January 2013.

add to your calendar program iCalendar

Gorman Darby & Co Ltd
Registered in England & Wales under number 5750702. Registered office is 74 Chancery Lane, London, WC2A 1AD.
Registered to carry on audit work by The Association of Chartered Certified Accountants.