We know that keeping a 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 in our Ellacotts Tax Calendar:
December 2020
1 December 2020 – Corporation tax due for the year to 29/02/2020 unless quarterly instalments apply.
1 December 2020 – HMRC releases New Advisory Fuel Rates (AFR) for company car users
19 December 2020 – Deadline for NICs and PAYE deductions and CIS return and tax to HMRC via post for the month to 5/11/20.
22 December 2020 – Deadline for NICs and PAYE deductions and CIS return and tax to HMRC electronically for the month to 5/12/20.
January 2021
1 January 2021 – Annual Investment Allowance (AIA) reduces from £1 million to £200,000. Find out more here.
1 January 2021 – Corporation tax due for the year to 31/03/2020 unless quarterly instalments apply.
19 January 2021 – Deadline for NICs and PAYE deductions and CIS return and tax to HMRC via post for the month to 5/01/21.
22 January 2021 – Deadline for NICs and PAYE deductions and CIS return and tax to HMRC electronically for the month to 5/01/21.
31 January 2021 – Deadline for filing the self-assessment tax return, balancing payment of tax due for 2019/20 tax year and the first payment on account for 2020/21 tax year.
February 2021
1 February 2021 – Corporation tax due for the year to 30/04/2020 unless quarterly instalments apply.
19 February 2021 – Deadline for NICs and PAYE deductions and CIS return and tax to HMRC via post for the month to 5/02/21.
22 February 2021 – Deadline for NICs and PAYE deductions and CIS return and tax to HMRC electronically for the month to 5/02/21.
March 2021
1 March 2021 – Coronavirus Job Retention Furlough Scheme extended until March 2021. Read more here.
1 March 2021 – Corporation tax due for the year to 31/05/2020 unless quarterly instalments apply.
19 March 2021 – Deadline for NICs and PAYE deductions and CIS return and tax to HMRC via post for the month to 5/03/21.
22 March 2021 – Deadline for NICs and PAYE deductions and CIS return and tax to HMRC electronically for the month to 5/03/21.
31 March 2021 – Deadline for payment of deferred VAT payment due to coronavirus (VAT payments due between 20 March 2020 and 30 June 2020).
April 2021
1 April 2021 – Corporation tax due for the year to 30/06/2020 unless quarterly instalments apply.
5 April 2021 – 2020/21 tax year ends.
6 April 2021 – New 2021/22 tax year begins.
6 April 2021 – Reforms to off-payroll working – IR35 Rules for private sector contractors and freelancers have been extended to this date. Read more here.
6 April 2021 – Income Tax: PAYE and Class2 quarterly payment to be cleared. Any outstanding cheque payments for PAYE and Class 1 NICs must be with HMRC Accounts Office.
19 April 2021 – Deadline for receipt of contractor’s monthly return. Whether submitted via paper, electronically or over the telephone (nil return).
22 April 2021 – PAYE and Class 1 monthly electronic payment to be cleared. Electronic payments to be cleared in HMRC’s bank account for any PAYE Class 1 NICs.
May 2021
19 May 2021 – Deadline for receipt of contractor’s monthly return. Whether submitted via paper, electronically or over the telephone (nil return).
19 May 2021 – Employer Annual Return (P35 and P14) Deadline. Employer Annual Return (P32 and P14) filing deadline for the previous tax year ending 5th April 2021.
22 May 2021 – PAYE and Class 1 monthly electronic payment to be cleared. Electronic payments to be cleared in HMRC’s bank account for any PAYE Class 1 NICs.
31 May 2021 – Final date to provide employees with form P60. Any employee who was working for you on 5 April 2021 must receive a form P60 for 2020/2021 by this date.
June 2021
19 June 2021 – Deadline for receipt of contractor’s monthly return. Whether submitted via paper, electronically or over the telephone (nil return).
22 June 2021 – PAYE and Class 1 monthly electronic payment to be cleared. Electronic payments to be cleared in HMRC’s bank account for any PAYE Class NIC 1.
30 June 2021 – You should receive your tax credit renewal pack by this date. Renewal packs are sent out between April and June. If you have not received a tax credit renewal pack by this date, please contact the tax credit helpline on 0345 300 3900.
July 2021
5 July 2021 – PAYE Settlement Agreements. Last date to agree PAYE Settlement Agreements for 2020/2021.
6 July 2021 – Form P9D and P11D deadline. Final day to provide employees with forms P6D and P11D.
6 July 2021 – Employment Related Securities (ERS) annual return.
19 July 2021 – Deadline for receipt of contractor’s monthly return. Whether submitted via paper, electronically or over the telephone (nil return).
19 July 2021 – PAYE and Class 1 quarterly cheque payment to be cleared. Any outstanding cheque payment for PAYE and Class 1 NICs must be with HMRC Accounts Office.
22 July 2021 – PAYE and Class 1 monthly electronic payment to be cleared. Electronic payments to be cleared in HMRC’s bank account for any PAYE Class 1 NICs.
22 July 2021 – PAYE and Class 1 quarterly electronic payment to be cleared. Any outstanding electronic payment for PAYE and Class 1 NICs must be in HMRC’s bank account.
31 July 2021 – You must return your tax credit renewal pack by this date. Make sure you have returned your tax credit renewal pack by the 31 July. Renewal packs are sent out between 19 April and 28 June. If you have not received a tax credit renewal pack by this date, please contact the tax credit helpline on 0345 300 3900.
31 July 2021 – Second self assessment payment deadline. Deadline for second payment on account for Self Assessment of the 2020/2021 tax year.
August 2021
19 August 2021 – Deadline for receipt of contractor’s monthly return. Whether submitted via paper, electronically or cover the telephone (nil return).
22 August 2021 – PAYE and Class 1 monthly electronic payment to be cleared. Electronic payments to be cleared in HMRC’s bank account for any PAYE Class 1 NICs
September 2021
19 September 2021 – Deadline for receipt of contractor’s monthly return. Whether submitted via paper, electronically or over the telephone (nil return).
22 September 2021 – PAYE and Class 1 monthly electronic payment to be cleared. Electronic payments to be cleared in HMRC’s bank account for any PAYE Class 1 NICs.
October 2021
1 October 2021 – Personal Income Tax Statement sent out to 24 million Taxpayers. Since October 2014, HMRC has been sending out an Annual Tax Summary for the previous year (so for this year it will be PAYE income earned between 6 April 2020 and 5 April 2021. The statement will include tax and spending summaries for people taxed via the pay as you earn system – including those with more than one employment.
5 October 2021 – Capital gains deadline for non self assessment. Final day to notify of liability for income tax or capital gains tax for 2020/2021 if you are not registered for self assessment. You will need to complete form CWF1 for self employment or form SA1 for non self employed income, or form SA401 for partners.
19 October 2021 – PAYE and Class 1 quarterly cheque payment to be cleared. Any outstanding cheque payment for PAYE and Class 1 NICs must be with HMRC Accounts Office.
19 October 2021 – Deadline for receipt of contractor’s monthly return. Whether submitted via paper, electronically or over the telephone (nil return).
22 October 2021 – PAYE and Class 1 monthly electronic payment to be cleared. Electronic payments to be cleared in HMRC’s bank account for any PAYE Class 1 NICs.
22 October 2021 – PAYE and Class 1 quarterly electronic payment to be cleared. Any outstanding electronic payment for PAYE and Class 1 NICs must be in HMRC’s bank account.
31 October 2021 – Paper Self Assessment Tax Return 2020/2021 Deadline. Final day for paper submissions of your tax return for income for tax year ending 5 April 2021.
November 2021
19 November 2021 – Deadline for receipt of contractor’s monthly return. Whether submitted via paper, electronically or over the telephone (nil return).
22 November 2021 – PAYE and Class 1 monthly electronic payment to be cleared. Electronic payments to be cleared in HMRC’s bank account for any PAYE Class 1 NICs.
December 2021
19 December 2021 – Deadline for receipt of contractor’s monthly return. Whether submitted via paper, electronically or over the telephone (nil return).
22 December 2021 – PAYE and Class 1 monthly electronic payment to be cleared. Electronic payments to be cleared in HMRC’s bank account for any PAYE Class 1 NICs.
30 December 2021 – Self Assessment Tax Code Collection Deadline. If your tax return liability is less than £3,000 and you would like this amount to be collected via your tax code, you must submit your tax return electronically / online by this date.
January 2022
19 January 2022 – PAYE and Class 1 quarterly cheque payment to be cleared. Any outstanding cheque payment for PAYE and Class 1 NICs must be with HMRC Accounts Office.
19 January 2022 – Deadline for receipt of contractor’s monthly return. Whether submitted via paper, electronically or over the telephone (nil return).
22 January 2022 – PAYE and Class 1 quarterly electronic payment to be cleared. Any outstanding electronic payment for PAYE and Class 1 NICs must be in HMRC’s bank account.
22 January 2022 – PAYE and Class 1 monthly electronic payment to be cleared. Electronic payments to be cleared in HMRC’s bank account for any PAYE Class 1 NICs.
31 January 2022 – Online Self Assessment Tax Return Deadline. Online submissions of your 2020/2021 Tax Return must be made by the end of this day. Balancing payment for tax year ended 5 April 2021 must also be made, and the first payment on account for the year ended 5 April 2022.
February 2022
19 February 2022 – Deadline for receipt of contractor’s monthly return. Whether submitted via paper, electronically or over the telephone (nil return).
22 February 2022 – PAYE and Class 1 monthly electronic payment to be cleared. Electronic payments to be cleared in HMRC’s bank account for any PAYE Class 1 NICs.
March 2022
19 March 2022 – Deadline for receipt of contractor’s monthly return. Whether submitted via paper, electronically or over the telephone (nil return).
22 March 2022 – PAYE and Class 1 monthly electronic payment to be cleared. Electronic payments to be cleared in HMRC’s bank account for any PAYE Class 1 NICs.
Have any questions on these tax deadlines?
If you would like any help or advice on any tax issues or help to submit your self-assessment tax return please contact our specialist Tax Partner, Ann Bibby on abibby@ellacotts.co.uk or 01295 250401 or fill out our contact form. We offer a range of personal and business tax services including filing personal tax returns and complex tax planning for business owners, landlords and individuals.
