Important upcoming tax deadlines calendar

by | 10 Jan 2024 | Tax

We know that keeping track of all the different HMRC tax deadlines whilst running a business can be difficult. So, to help you out, we’ve put together a timeline of the most important tax deadlines that you need to be aware of:

JANUARY 2024

  • 7 January 
    • VAT returns and payments are due for the quarter period ending 30 November.
  • 19 January
    • Deadline for payment of PAYE and NICs etc to HMRC’s Accounts Office by non-electronic methods
  • 22 January
    • Deadline for online payment of PAYE and NICs etc to HMRC’s Accounts Office
  • 31 January
    • Standard filing deadline for online returns and payment of tax owed including first payment on account. For taxable trusts, this is the deadline for the annual update/ confirmation of the details held on the HMRC Trust Register.
    • Deadline for paying Self-Assessment balancing payment and capital gains tax for tax year ended 5 April 2023.
    • Deadline for the first payment on the Self-Assessment account for 2022/23.
    • Final online deadline for Self-Assessment tax return.
    • Deadline for filing accounts with Companies House for accounting periods ended 30 April 2023.
    • Corporation Tax returns due for accounting periods ended 31 January 2023.
  • Exemptions
    • HMRC must receive a paper tax return by 31st January if you are a trustee of a registered pension scheme or a non-resident company. You cannot send a return online.

February 2024

  • 2 February
    • P46 (car) – company car changes in the period 6th October – 5th January.
  • 7 February 
    • VAT returns and payments due for the quarter period ending 31 December.
  • 19 February 
    • Deadline for payment of PAYE and NICs etc to HMRC’s Accounts Office by non-electronic methods.
  • 22 February
    • Deadline for online payment of PAYE and NICs etc to HMRC’s Accounts Office.
  • 28 February 
    • Deadline for filing of accounts with Companies House for accounting periods ended 31 May 2023.
    • Corporation Tax returns due for accounting periods ended 28 February 2023.

March 2024

  • 1 March
    • New Advisory Fuel Rates (AFR) applies for company car users.
  • 7 March 
    • VAT returns and payments due for the quarter period ending 31 January.
  • 22 March 
    • Deadline for electronic remittance of PAYE, NICs and CIS to HMRC.
  • 31 March 
    • Deadline for filing of accounts with Companies House for accounting periods ended 30 June 2023.
    • Corporation Tax returns due for accounting periods ended 31 March 2023.

April 2024

  • 1 April 
    • National Living Wage (NLW) and National Minimum Wage (NMW) rates to increase, and NLW to be extended to everyone aged 21 and up.
    •  The RDEC and SME R&D schemes will be merged and all expenditure from this date to be included in the new scheme.
  • 5 April
    • Last day of the tax year and the deadline for claiming tax refunds.
  • 6 April
    • First day of the new tax year.
    • The Dividend Allowance will be reduced from £1,000 to £500.
    • The Capital Gains Tax Annual Exempt Amount will be reduced from £6,000 to £3,000.
    • The Pension Lifetime Allowance will be permanently abolished.
    • Class 2 NICs for self-employed workers to be abolished.
    • Class 4 NIC rate to be reduced from 9% to 8%.
    • Taxpayers who join MTD will be subject to the Government’s new penalty regime for the late filing of tax returns and late payment of tax.
    • The income tax cash basis for the self-employed and partnerships will be extended and simplified.
  • 19 April
    • Employers must make a final RTI payroll report for 2023/24.
  • 22 April
    • Deadline for electronic remittance of PAYE, NICs and CIS to HMRC.
  • 30 April
    • Deadline for filing of accounts with Companies House for accounting periods ended 31 July 2023.
    • Annual Tax on Enveloped Dwellings return and payment due for companies already in the regime.
    • Daily £10 late filing penalties start to apply to outstanding self-assessment returns.
    • Corporation Tax returns due for accounting periods ended 30 April 2023.

May 2024

  • 3 May
    • Paper forms P46(Car) for the quarter ended 5 April (where benefits are not pay rolled) to reach HMRC.
  • 5 May
    • Employment intermediary’s quarterly report (6 January to 5 April) of agency workers paid gross (the end-user organisation can be classed as the employment intermediary in some circumstances).
    • Deadline for 2023/24 tax credits claims to be backdated to 6 April 2024.
  • 7 May
    • VAT returns and payments due for the quarter period ending 31 March.
  • 22 May 
    • Deadline for electronic remittance of PAYE, NICs and CIS to HMRC.
  • 31 May
    • P60s are to be given to all employees.
    • Deadline for filing of accounts with Companies House for accounting periods ended 30 August 2023.
    • Corporation Tax returns due for accounting periods ended 31 May 2023.

June 2024

  • 1 June
    • Deadline to confirm employees’ payrolled benefit information.
  • 7 June
    • VAT returns and payments due for the quarter period ending 30 April.
  • 22 June
    • Deadline for electronic remittance of PAYE, NICs and CIS to HMRC.
  • 30 June
    • Deadline for filing of accounts with Companies House for accounting periods ended 30 September 2023.
    • Corporation Tax returns due for accounting periods ended 30 June 2023.

July 2024

  • 6 July
    • P11d Expenses and Benefits filing deadline.
    • Deadline to submit Employment Related Securities return.
  • 7 July
    • VAT returns and payments due for the quarter period ending 31 May.
  • 19 July
    • Deadline for payment of PAYE and NICs etc to HMRC’s Accounts Office by non-electronic methods
    • Class 1A NICs postal payments must reach HMRC.
  • 22 July
    • Deadline for electronic remittance of PAYE, NICs and CIS to HMRC.
    • Class 1A NIC payments electronically must be cleared.
  • 31 July
    • Self-Assessment 2nd Payment on Account deadline.
    • Corporation Tax returns due for accounting periods ended 31 July 2023.
    • Tax Credits deadline.

August 2024

  • 7 August
    • VAT returns and payments due for the quarter period ending 30 June.
  • 19 August
    • Deadline for payment of PAYE and NICs etc to HMRC’s Accounts Office by non-electronic methods
  • 22 August
    • Deadline for electronic remittance of PAYE, NICs and CIS to HMRC.
  • 31 August
    • Corporation Tax returns due for accounting periods ended 31 August 2023.

September 2024 

  • 7 September
    • VAT returns and payments due for the quarter period ending 31 July.
  • 19 September 
    • Deadline for payment of PAYE and NICs etc to HMRC’s Accounts Office by non-electronic methods.
  • 22 September
    • Deadline for electronic remittance of PAYE, NICs and CIS to HMRC.
  • 30 September
    • Corporation Tax returns due for accounting periods ended 30 September 2023.

October 2024 

  • 7 October
    • VAT returns and payments due for the quarter period ending 31 August.
  • 19 October
    • Deadline for payment of PAYE and NICs etc to HMRC’s Accounts Office by non-electronic methods.
  • 22 October
    • Deadline for electronic remittance of PAYE, NICs and CIS to HMRC.
  • 31 October
    • Deadline for sending in your Self-Assessment Tax Return by paper.
    • Corporation Tax returns due for accounting periods ended 31 October 2023.

November 2024 

  • 7 November 
    • VAT returns and payments due for the quarter period ending 30 September.
  • 19 November 
    • Deadline for payment of PAYE and NICs etc to HMRC’s Accounts Office by non-electronic methods.
  • 22 November
    • Deadline for electronic remittance of PAYE, NICs and CIS to HMRC.
  • 30 November
    • Corporation Tax returns due for accounting periods ended 30 November 2023.

December 2024  

  • 7 December
    • VAT returns and payments due for the quarter period ending 31 October.
  • 19 December
    • Deadline for payment of PAYE and NICs etc to HMRC’s Accounts Office by non-electronic methods.
  • 22 December
    • Deadline for electronic remittance of PAYE, NICs and CIS to HMRC.
  • 31 December
    • Corporation Tax returns due for accounting periods ended 31 December 2023.

January 2025

  • 7 January
    • VAT returns and payments due for the quarter period ending 30 November.
  • 19 January
    • Deadline for payment of PAYE and NICs etc to HMRC’s Accounts Office by non-electronic methods.
  • 22 January
    • Deadline for electronic remittance of PAYE, NICs and CIS to HMRC.
  • 31 January
    • Deadline for sending in your Self-Assessment Tax Return online.
    • Self-Assessment 1st Payment on Account deadline.
    • Self-Assessment Balancing Payment Deadline.
    • Corporation Tax returns due for accounting periods ended 31 January 2024.

February 2025

  • 7 February
    • VAT returns and payments due for the quarter period ending 31 December.
  • 19 February
    • Deadline for payment of PAYE and NICs etc to HMRC’s Accounts Office by non-electronic methods.
  • 22 February
    • Deadline for electronic remittance of PAYE, NICs and CIS to HMRC.
  • 28 February
    • Corporation Tax returns due for accounting periods ended 28 February 2024.

Do you have any questions about these tax deadlines? If you would like any help or advice on any tax or VAT issues or help in submitting your self-assessment tax return please contact our specialist Tax or VAT Team, at solutions@ellacotts.co.uk or 01295 250401 or fill out our contact form.

We offer a range of personal and business tax and VAT services including filing personal tax returns and complex tax planning for business owners, landlords and individuals.

Information for readers: This material is published for the information of clients. It provides only an overview of the regulations in force at the date of publication, and no action should be taken without consulting the detailed legislation or seeking professional advice. Therefore, no responsibility for loss occasioned by any person acting or refraining from action as a result of the material can be accepted by the authors or the firm.