Cookies are small text files that are stored on your computer when you visit a website. They are mainly used as a way of improving the website functionalities or to provide more advanced statistical data.
April key tax dates
Newsletter issue – April 2023
5 - Last opportunity to utilise income tax personal allowances, annual ISA allowances, and exemptions for CGT and IHT for 2022/23.
Last day to claim exemption from Class 4 NIC for 2022/23 where earnings are also subject to Class 1 NIC.
Final day for claims for 2018/19 relating to personal allowances, remittance basis, terminal loss relief, overlap relief, carry-forward of trading losses, and capital losses.
The deadline to claim an asset became of negligible value or loan to a trader became unrecoverable in 2020/21.
11 - Last day to set up a variable direct debit to pay PAYE for payment this month.
19 - Employers must make the final RTI payroll report for 2022/23 using FPS or EPS.
22 - PAYE, NIC, and student loan deductions are to be paid to HMRC by electronic means for the month of 5 April 2023, unless the employer has set up a direct debit so HMRC can collect the amounts due.
30 - Daily £10 late filing penalties start to apply to outstanding 2021/22 self-assessment returns.
Any IHT due on lifetime transfers between 6 April and 30 September 2022 is due.
ATED returns and ATED relief declarations must be filed for 2023/24. The ATED charge must be paid for 2023/24.
Book a Free, No Obligation Consultation
Take advantage of a free consultation to see how you can benefit from using Stanhope accountancy and advisory and find out the best way to deal with your tax, accounting and how to minimise your tax liabilities. Book now >
Get a Fixed Quote
We believe you should always be in control of your finances. For this reason we can offer many of our services on a fixed fee basis on agreed services >
Profitability Strategies
We can help you develop strategies to help your business grow without increasing costs specialized tax incentives to produce multiple benefits and help you increase your profit >
Your Business
Expert tax planning advice any size business tailored to you >
