January Key tax dates
Newsletter issue - January 2020.
1 - Due date for payment of Corporation Tax for the year ended 31 March 2019
14 - Return and payment of CT61 tax due for quarter to 31 December 2019
19/22 - PAYE/NIC, student loan and CIS deductions due for month to 5th January 2020 or quarter 3 of 2019/20 for small employers
31 - Deadline for filing 2019 Self Assessment personal, partnership and trust Tax Returns - £100 first penalty for late filing even if no tax is due or tax due is paid on time
- Balancing self assessment payment due for 2018/19
- Capital gains tax payment due for 2018/19
- First self assessment payment on account due for 2019/20
- Interest accrues on all late payments
- Half yearly Class 2 NIC payment due
- Further penalty of 5% of tax due or £300, whichever is greater for personal tax returns still not filed for 2017/18
- 5% penalty for late payment of tax unpaid for 2017/18 self assessment
Tailored Advice For Your Business
We understand that no two businesses are the same, so we can tailor advice to suit your circumstances and business size. In this section you'll find guides and features for those businesses needing advice on how to manage company accounts, including cash flow management, late payment, bad debts and business tax...and much more
