2024/25 TAX CALENDAR Make payment on previous working day where due date falls on a weekend/ bank holiday. Every month 19 Submit CIS contractors’ monthly return. 22 PAYE/NICs/CIS deductions paid electronically for period ending 5th of the month (19th if not paying electronically). Month end Submit CT600 for year ending 12 months previously. Last day to amend CT600 for year ending 24 months previously. April 2024 1 Merger of the RDEC and R&D SME schemes. 6 New dividend allowance and capital gains tax annual exempt amount. Higher rate of CGT reduced for residential property disposals. Changes to class 2 and class 4 NICs. Car and van fuel and van benefit charges frozen at 2023/24 rates. Basis period reforms in full operation. Cash basis becomes default basis for self-employed and most partnerships. Changes to some ISA rules. High income child benefit charge reduced. VAT thresholds increased. July 2024 5 Last date to agree a new PAYE Settlement Agreement (PSA) for 2023/24. 6 Deadline for employers to return forms P11D (expenses) and P11D (b) (benefits) for 2023/24 to HMRC and provide copies to employees. 22 Pay class 1A NICs (19 July if not paying electronically). 31 Confirm tax credit claims for 2023/24 and renewal for 2024/25. Second payment on account for 2023/24 income tax and class 4 NICs. August 2024 1 Penalty of 5% of the tax due or £300, whichever is the greater, where the 2022/23 tax return has not been filed. October 2024 5 Deadline to register for self-assessment for 2023/24. 22 Pay tax and class 1B NICs on PSAs (19th if not paying electronically). 31 Deadline for 2023/24 tax return if filed on paper. December 2024 30 Deadline to submit 2023/24 tax return online to have underpaid PAYE tax collected through the 2025/26 tax code. January 2025 31 Submit 2023/24 self-assessment tax return online. Pay balance of 2023/24 income tax, class 4 NICs and CGT, plus class 2 NICs paid voluntarily. First payment on account for 2024/25 income tax and class 4 NICs. February 2025 1 Initial penalty imposed where the 2023/24 tax return has not been filed or has been filed on paper after 31 October 2024. March 2025 3 First 5% penalty imposed on 2023/24 tax unpaid on 3 March.
RkJQdWJsaXNoZXIy MjM4MA==