We’ve put together a timeline of the most important tax deadlines that you need to be aware of in our Ellacotts Tax Calendar:

1 February 2020 – Corporation tax for the year to 28/02/2019 unless quarterly instalments apply

19 February 2020 – PAYE & NIC deductions, and CIS return and tax, for the month to 5/02/20 (due 22/02 if you pay electronically)

1 March 2020 – Corporation tax payment for the year to 31/5/19 (unless quarterly instalments apply)

2 March 2020 – 5% penalty imposed on 2018/19 income tax, CGT, Class 2 and 4 NIC still unpaid at this date. Find out more here.

11 March 2020 – Spring Budget will be delivered by the Chancellor. What do we think Rishi Sunak may announce?

19 March 2020 – PAYE & NIC deductions and CIS return and tax, for the month to 5/03/20 (due 22/03 if you pay electronically)

1 April 2020 – From April 2020, UK residents who dispose of UK residential property will need to pay Capital Gains Tax (CGT) and submit CGT returns, within 30 days of completion of the sale. For more information on this please read our article here.

1 April 2020 – Any new trusts set up from this date will only have 30 days to register, even when they are not liable to pay tax. We detailed this in our article here.

1 April 2020 – Corporation tax payment for the year to 30/6/20 (unless quarterly instalments apply)

5 April 2020 – End of personal tax year 2019/20. Make sure you use your exemptions and allowances before this date. Find out more here.

6 April 2020 – The Parental Bereavement Leave and Pay Regulations known as Jack’s Law, comes into effect. Find out more about PBL here.

6 April 2020 – IR35 Rules extended to private sector contractors and freelancers. Read more here.

19 April 2020 – PAYE & NIC deductions and CIS return and tax, for the month to 5/04/20 (due 22/04 if you pay electronically)

1 October 2020 – VAT domestic reverse charge for building and construction services comes into force. Find out more here.

31 March 2021 – Any trusts in existence before 10 March 2020 will have until this time to register. Read more. 

Have any questions on these deadlines?

If you would like any help or advice on any tax issues please contact our specialist Tax and Wealth Planning Partner, Ann Bibby on abibby@ellacotts.co.uk or 01295 250401 or fill out our contact form.

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