Section Menu

Daily Mail Money

ASK TONY: My Vodafone complaint fell on deaf ears
Wed, 02 Dec 2020 09:20:51 GMT

My Vodafone service was cut off after I missed a payment at the start of the year. I made the payment of £109.91 to a debt collection agency on March 26, but Vodafone could not track this down.

Credit card holders face late fees because of little-known small-print
Wed, 02 Dec 2020 09:14:43 GMT

Thousands of borrowers have received refunds in recent months after holidays, concerts and shows were cancelled due to Covid. Many believe this refund will count as their payment for that month.

Mortgage Calculator

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

SKY Business News

Tesco to hand back£585m of pandemic business rates relief
Wed, 02 Dec 2020 07:03:00 +0000

Tesco, the UK's largest supermarket chain, has announced it is to repay£585m of business rates relief it was awarded during the coronavirus pandemic.

Debenhams website inundated as shoppers try to grab bargains from collapsing chain
Tue, 01 Dec 2020 05:35:00 +0000

Shoppers have been waiting in virtual queues for over an hour as they rush to snap up deals on the Debenhams website after the chain's collapse.

Takeovers, scandal and debt - the colourful decades that ended in Debenhams' downfall
Tue, 01 Dec 2020 15:46:00 +0000

COVID-19 has proved to be the final nail in the coffin for Debenhams.

99% of England under tougher tier restrictions as businesses reopen
Wed, 02 Dec 2020 03:21:00 +0000

Thousands of non-essential shops, gyms, bars and restaurants are reopening as England's second lockdown ends and the new tiered system comes into force.

Slack snapped up by Salesforce in£20.6bn bet on remote working
Wed, 02 Dec 2020 06:15:00 +0000

Cloud computing pioneer Salesforce has agreed a $27.7bn (£20.6bn) deal to buy Slack, the workplace messaging app that has enjoyed a near-doubling of its market value during the COVID-19 pandemic.

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.

October 19
2020
Tax and NI due under a 2019/20 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 2020.

add to your calendar program iCalendar

October 19
2020
PAYE and CIS deductions are due for the month to 5 October 2020

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 2020.

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 2020.

add to your calendar program iCalendar

October 19
2020
PAYE quarterly payments are due for small employers for the pay periods 6 July 2020 to 5 October 2020

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 2020.

add to your calendar program iCalendar

October 31
2020
Deadline for submission of 2019/20 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 2021/22.

add to your calendar program iCalendar

October 31
2020
Deadline for submitting 'paper' 2019/20 self assessment returns

This deadline is relevant to individuals who need to complete a self assessment tax return for 2019/20 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
2020
Deadline for submitting P46(car) for employees whose car/fuel benefits changed during the quarter to 5 October 2020

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
2020
PAYE and CIS deductions are due for the month to 5 November 2020

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 2020.

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 2020.

add to your calendar program iCalendar

December 19
2020
PAYE and CIS deductions are due for the month to 5 December 2020

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 2020.

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 2020.

add to your calendar program iCalendar

December 31
2020
Online deadline for submitting 2019/20 S.A. return if you require HMRC to collect any underpaid tax via your 2020//21 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 2020/21.

add to your calendar program iCalendar

January 19
2021
PAYE and CIS deductions are due for the month to 5 January 2021

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 2020.

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 2021.

add to your calendar program iCalendar

January 19
2021
PAYE quarterly payments are due for small employers for the pay periods 6 October 2020 to 5 January 2021

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 2021.

add to your calendar program iCalendar

January 31
2021
Balance of your 2019/20 tax due, plus first payment on account for 2020/21.

The balance of any outstanding income tax, class 4 NI and capital gains tax for the year ended 5 April 2019 is due for payment by 31 January 2021. 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 2021.

add to your calendar program iCalendar

January 31
2021
Deadline for submitting your 2019/20 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
2021
Deadline for submitting P46(car) for employees whose car/fuel benefits changed during the quarter to 5 January 2021

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
2021
PAYE and CIS deductions are due for the month to 5 February 2021

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 February 2021.

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 2021.

add to your calendar program iCalendar

February 28
2021
5% penalty surcharge on any 2019/20 outstanding tax due on 31st January 2021 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 2020 was due for payment by 31 January 2021. Where the payment is made late interest will be charged. If the payment is made after 28 February 2021 a surcharge of 5% will be added to the outstanding liability.

add to your calendar program iCalendar

March 19
2021
PAYE and CIS deductions are due for the month to 5 March 2021

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 2021.

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 2021.

add to your calendar program iCalendar

April 05
2021
End of Tax financial year.

Last day to use the 2020/21 ISA investment limit

Last day to use the 2020/21 capital gains tax exemption

Last day to utilise 2020/21 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
2021
PAYE and CIS deductions are due for the month to 5 April 2021

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 2021.

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 2021.

add to your calendar program iCalendar

May 03
2021
Deadline for submitting P46(car) for employees whose car/fuel benefits changed during the quarter to 5 April 2021

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
2021
PAYE and CIS deductions are due for the month to 5 May 2021

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 2021.

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 2021.

add to your calendar program iCalendar

May 31
2021
Last day to issue 2019/20 P60s to employees

Employers are required to issue P60s to employees.

add to your calendar program iCalendar

June 19
2021
PAYE and CIS deductions are due for the month to 5 June 2021

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 2021.

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 2021.

add to your calendar program iCalendar

July 19
2021
PAYE and CIS deductions are due for the month to 5 July 2021

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 2021.

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 2021.

add to your calendar program iCalendar

July 31
2021
Second £100 penalty if 2019/20 tax return due on 31 January 2020 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 2020 if your return for 2019/20, which was due for submission by 31 January 2020, has still not been submitted.

add to your calendar program iCalendar

July 31
2021
Second payment on account 2020/21 due

Second 5% surcharge on any 2020/21 outstanding tax due on 31 January 2021 still remaining unpaid. The balance of any outstanding income tax, class 4 NI and capital gains tax for the year ended 5 April 2020 was due for payment by 31 January 2021. 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 2021.

add to your calendar program iCalendar

August 02
2021
Deadline for submitting P46 (car) for employees whose car/fuel benefits changed during the quarter to 5 July 2021

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
2021
PAYE and CIS deductions are due for the month to 5 August 2021

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 2021.

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 2021.

add to your calendar program iCalendar

September 19
2021
PAYE and CIS deductions are due for month to 5 September 2021

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 2021.

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 2021.

add to your calendar program iCalendar

October 05
2021
Deadline for notifying HMRC of new sources of taxable income or gains for 2020/21 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 2021 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 2022.

add to your calendar program iCalendar

Gorman Darby & Co Ltd
Registered in England & Wales under number 5750702. Registered office is 39 Hatton Garden London EC1N 8EH.