inspire: financial management
Tax Calendar Key dates 2007/08
| April | |
| 05 | End of the 2006/07 tax year |
| 06 | Start of the 2007/08 tax year |
| 14 | Payment of any tax due in respect of CT61 for quarter to 31 March 2007. Company CT61 return for the quarter to 31 March due. |
| May | |
| 02 | Last day for notifying car changes in quarter to 5 April 2007 - P46 (Car) |
| 19 | Last day for filing forms P14, P35, P38 and P38A - 2006/07 PAYE returns, without incurring penalties. Last day for filing contractors returns, including CIS36 |
| 31 | Last day to issue 2006/07 P60s to employees |
| June | |
| 30 | End of CT61 quarter |
| July | |
| 06 | Last day to file Taxed Award Scheme Returns, file P11Ds, P11D(b)s and P9Ds. Issue copies of P11Ds or P9Ds to employees. |
| 19 | Quarter 1 PAYE/NIC remittance due (22nd for electronic payments) |
| 31 | Second payment on account of Income Tax for 2006/07 |
| August | |
| 01 | Last day for notifying car changes in quarter to 5 July 2007 - P46 (Car) |
| September | |
| 30 | Deadline for submission of 2006/07 paper tax returns for HMRC calculation; and where the taxpayer wants a balancing payment (below £2000) collected through their 2008/09 PAYE code |
| October | |
| 05 | Deadline for notifying HMRC of new sources of taxable income or gains if no tax return has been issued for 2007/08 |
| 19 | Quarter 2 PAYE/NIC remittance due (22nd for electronic payments) |
| November | |
| 30 | Deadline for submission of all relevant documentation to BR VAT Reclaim (non EU traders). |
| December | |
| 30 | Deadline for submission of 2006/07 tax returns over the internet; and where the tax payer wants a balancing payment (below £2000) collected through their 2008/09 PAYE code |
| January 2008 | |
| 01 | Due date for payment of Corporation Tax for period ended 31 March 2006 |
| 14 | Due date for income tax for the CT61 quarter to 31 December 2006 |
| 19 | Quarter 3 PAYE/NIC remittance due (22nd for electronic payments) |
| 31 | Deadline for filing tax returns 2007/08. Balancing payment due for 2007/08. First payment due for 2007/08. |
| February 2008 | |
| 02 | Last day for notifying car changes in quarter to 5 January 2008 - P46 (Car) |
| 28 | Talk to us about year-end and pre-Budget planning |
| March 2008 | |
| 19 | Budget day - To be confirmed |
| 20 | Talk to us about how the 2008 Budget affects you, and plan any actions you should take before the end of the tax year |
| 31 | Last minute planning for tax year-end 2007/2008. Make sure you use any Capital Gains Tax and Inheritance Tax annual exemptions, and any unused pension relief (Income Tax) |
