What Are the Deadlines for Tax Submissions?

Mark Your Calendar: Key Tax Deadlines for UK Businesses

Keeping track of tax deadlines is critical to avoid penalties and ensure compliance. Here are the major dates to remember for the 2024 tax year:

Self-Assessment Deadlines

• Paper Return Deadline: 31 October 2024

• Online Return Deadline: 31 January 2025

• Payment Deadline: 31 January 2025 for the previous year’s tax.

Corporation Tax Deadlines

• Filing Deadline: 12 months after the end of the accounting period.

• Payment Deadline: 9 months and 1 day after the end of the accounting period.

VAT Deadlines

• Quarterly VAT Returns are due 1 month and 7 days after the quarter ends.

• Ensure VAT payments are made by this date.

Payroll (PAYE) Deadlines

• Submit Full Payment Submission (FPS) every payday.

• Pay PAYE tax and National Insurance by the 22nd of the following month (or 19th if paying by post).

Set reminders or use accounting software to keep on top of these dates. For a full list of deadlines, visit HMRC’s tax calendar.