Newsletter - Spring 2007

Return to BSG Valentine homepage

Tax Calendar 2007

February

28

Last day to pay any balance of 2005/06 tax to avoid an automatic 5% surcharge.

March

31

End of corporation tax financial year.

 

End of CT61 quarterly period.

 

Filing date for corporation tax return form CT600 for period ended 31 March 2006.

 

End of period for limited companies to claim first year allowance of 50%.

April

6

First day of 2007/08 tax year.

14

Due date for income tax for the CT61 period to 31 March 2007.

19/20

Quarter 4 2006/07 PAYE remittance due.

20/21

Interest will begin to accrue on unpaid PAYE/NI for 2006/07.

30

Normal annual adjustment for VAT partial exemption calculations (monthly returns).

May

2

Last day for notifying car changes in quarter to 5 April — P46 (Car).

18

Use new PAYE tax tables.

19

Last day for filing forms P14, P35, P38, and P38A — 2006/07 PAYE returns, without incurring penalties. Also last day for filing contractors' returns, including CIS36.

31

Last day to issue 2006/07 P60s to employees.

June

30 

End of CT61 quarterly period.

 

Last day for UK businesses to reclaim EC VAT chargeable in 2006.

 

Annual adjustment for VAT partial exemption calculations (March VAT year end).

July

5 

Last day to reach payroll settlement agreement for 2006/07.

6 

Last day to file taxed award scheme returns, file P11Ds, P11D(b)s and P9Ds. Issue copies of P11Ds or P9Ds to employees.