tax calender 2005-2006

March 2005

Wednesday 16th Budget day
Thursday 17th Talk to us about how the 2005 Budget affects you, and plan any actions you should take before the end of the tax year.
Saturday 19th PAYE/NIC due for the month to 05/03/2005.
Thursday 31st Last minute planning for tax year-end 2004/2005. Make sure you use any Capital Gains Tax and Inheritance Tax annual exemptions, and any unused pension relief (Income Tax).

April 2005

Tuesday 5th End of 2004/2005 tax year.
Wednesday 6th Beginning of 2005/2006 tax year.
Thursday 14th Payment of any tax due in respect of CT61 for quarter to 31 March 2004. Company CT61 return for the quarter to 31 March due.
Tuesday 19th PAYE/NIC due for month to 05/04/2004 (interest will run on any unpaid PAYE/NIC for the tax year 2003/2004).

May 2005

Thursday 19th Deadline for Employers' year end PAYE returns (P35, P14, P60) to be submitted.
Penalties for employers failing to submit year end PAYE returns for tax year 2004/2005 (£100 for each 50 employees concerned).

Thursday 19th PAYE/NIC due for month 05/05/2005.

Tuesday 31st Deadline for copies of forms P60 to be issued to employees.

Tuesday 31st Deadline for submission of all relevant documentation to BR VAT Reclaim for those wishing to reclaim VAT for June deadline.

June 2005

Sunday 19th PAYE/NIC due for month to 5/6/2005.
Thursday 30th VAT Reclaim deadline for submission of all claims to European VAT authorities.

July 2005

Wednesday 6th Deadline for forms P11D and P9D to be submitted to IR and copies to be issued to employees concerned.
Wednesday 6th Deadline for employers to report share incentives (Form 42).
Thursday 14th Payment of any tax due in respect of CT61 for quarter to 30 June 2005. Company CT61 return for the quarter to 30 June due.
Tuesday 19th PAYE/NIC due for month to 05/07/2005.
Also, Class 1A NIC due in respect of the year 2004/2005.

Sunday 31st Second payment on account of Income Tax for 2004/2005 tax year due.
Second 5% penalty surcharge on any 2003/2004 outstanding tax due on 31 January still remaining unpaid.
Second £100 penalty if 2003/2004 tax return due on 31 January 2005 still outstanding.

August 2005

Friday 19th PAYE/NIC due for month to 05/08/2005.

September 2005

Monday 19th PAYE/NIC due for month to 05/09/2005.
Friday 30th Deadline for submitting your 2004/2005 Self Assessment return if you require the Inland Revenue to compute your tax liability and/or if tax underpaid is to be collected by adjustment to your PAYE code (for underpayments up to £2,000 only).

October 2005

Wednesday 5th Deadline for notifying Inland Revenue of new sources of taxable income or gains if no tax return has been issued.
Friday 14th Payment of any tax due in respect of CT61 for quarter to 30 September. Company CT61 return for the quarter to 30 September due.
Wednesday 19th PAYE/NIC due for month to 5/10/2005.

November 2005

Saturday 19th PAYE/NIC due for month to 5/11/2005.
Wednesday 30th Deadline for submission of all relevant documentation to BR VAT Reclaim (non EU traders).

December 2005

Monday 19th PAYE/NIC due for month to 5/12/2005.
Saturday 31st VAT Reclaim deadline for submission of all claims for non EU traders wishing to reclaim VAT in the UK.

January 2006

Saturday 14th Payment of any tax due in respect of CT61 for the quarter to 31st December 2004. Company CT61 return for the quarter to 31 December due.
Thursday 19th PAYE/NIC due for the month to 05/01/2006.
Tuesday 31st Deadline for submitting your 2004/2005 Self Assessment return
(up to £100 penalty if your return is late).
Tuesday 31st Balance of your 2004/2005 Income Tax & Capital Gains Tax due, plus first payment on account for 2005/2006 tax year
(interest will run on any payment due and not paid).

February 2006

Thursday 2nd Deadline for submitting P46(car) for employees whose car/fuel benefits changed during the quarter to 5 April 2006.
Sunday 19th PAYE/NIC due for month to 05/02/2006.
Tuesday 28th Talk to us about year-end and pre-Budget planning.
Tuesday 28th 5% penalty surcharge on any 2004/2005 outstanding tax due on 31st January 2004 still remaining unpaid.

March 2006

Wednesday 15th Budget Day (Provisional - To be confirmed)
Thursday 16th Talk to us about how the 2006 Budget affects you, and plan any actions you should take before the end of the tax year.
Sunday 19th PAYE/NIC due for the month to 5/3/2006.
Friday 31st Last minute planning for tax year-end 2005/2006. Make sure you use any Capital Gains Tax and Inheritance Tax annual exemptions, and any unused pension relief (Income Tax).

April 2006

Tuesday 5th End of 2005/2006 tax year.
Wednesday 6th Beginning of 2006/2007 tax year.
Friday 14th Payment of any tax due in respect of CT61 for quarter to 31st March 2006. Company CT61 return for the quarter to 31 March due.
Wednesday 19th PAYE/NIC due for month to 05/04/2006 (interest will run on any unpaid PAYE/NIC for the tax year 2005/2006).