January Key tax dates
Newsletter issue - January 2020.
1 - Due date for payment of Corporation Tax for the year ended 31 March 2019
14 - Return and payment of CT61 tax due for quarter to 31 December 2019
19/22 - PAYE/NIC, student loan and CIS deductions due for month to 5th January 2020 or quarter 3 of 2019/20 for small employers
31 - Deadline for filing 2019 Self Assessment personal, partnership and trust Tax Returns - £100 first penalty for late filing even if no tax is due or tax due is paid on time
- Balancing self assessment payment due for 2018/19
- Capital gains tax payment due for 2018/19
- First self assessment payment on account due for 2019/20
- Interest accrues on all late payments
- Half yearly Class 2 NIC payment due
- Further penalty of 5% of tax due or £300, whichever is greater for personal tax returns still not filed for 2017/18
- 5% penalty for late payment of tax unpaid for 2017/18 self assessment
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