Calendar
Key dates for 2007
January 2007
- 1st
- Due date for payment of Corporation Tax for period ended 31 March 2006.
- 14th
- Due date for income tax for the CT61 quarter to 31 December 2006.
- 19th / 22nd
- Quarter 3 2006/07 PAYE remittance due.
- 31st
- First self assessment payment on account for 2006/07.
- Capital gains tax payment for 2005/06.
- Balancing payment - 2005/06 income tax/class 4 NICs.
- Last day to file the 2006 Tax Return.
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February 2007
- 1st
- £100 penalty if 2006 Tax Teturn not yet filed. Additional penalties may apply for further delay.
- Interest starts to accrue on 2006/06 tax not yet paid.
- 2nd
- Last day for notifying car changes in quarter to 5th January = P46 (Car).
- 28th
- Failure to pay any balance of 2005/06 tax leads to an automatic 5% surcharge.
March 2007
- 31st
- End of corporation tax financial year.
- End of CT61 quartely period.
- Filing date for Corporation Tax Return Form CT600 for period ended 31st March 2006.
April 2007
- 5th
- Last day of 2006/07 tax year.
- Deadline for 2006/07 ISAs.
- 14th
- Due date for income tax for the CT61 period to 31st March 2007.
- 19th/20th
- Quarter 4 2006/07 PAYE remittance due.
- 20th
- Interest will begin to accrue on unpaid PAYE/NI for 2006/07.
- 30th
- Normal annual adjustment for VAT partial exemption calculations (monthly returns).
May 2007
- 3rd
- Last day for notifying car changes in quarter to 5th April 2007 - P46 (Car).
- 19th
- Last day for filling forms P14, P35, P38 & P38A - 2006/07 PAYE returns, without incurring penalties.
- Last day for filling contractors returns including CIS36.
- 31st
- Last day to issue 2006/07 P60s to employees.
June 2007
- 30th
- 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 2007
- 6th
- File Taxed Award Scheme Returns, file P11Ds, P11D(b)s & P9Ds. Issue copies of P11Ds or P9Ds to employees.
- Deadline for relevant third parties to give non-employees information on benefits & expenses they have provided to them in 2006/07.
- 7th
- Deadline for submission of Form 42 (transactions in shares and securities).
- 14th
- Due date for income tax for the CT61 period to 30th June 2007.
- 19th/20th
- Quarter 1 2007/08 PAYE remittance due.
- Final date for payment of 2006/07 Class IA NICs.
- 31st
- Second self assessment payment on account for 2006/07.
- Annual adjustment for VAT partial exemption calculations (April VAT year end).
- Liability to 2nd £100 penalty arises for 2006 Tax Returns still not filed.
- 5% surcharge on any tax unpaid for 2005/06.
August 2007
- 2nd
- Last day for notifying car changes in quarter to 5th July 2007 - P46 (Car).
- 31st
- Annual adjustment for VAT partial exemption calculations (May VAT year end).
September 2007
- 30th
- Deadline for submission of the 2007 Tax Return if you wish HMRC to calculate the tax or, if you are an employee, you wish to have a 2006/07 balancing payment of less than £2000 collected through your 2008/09 PAYE code.
- End of CT61 quarterly period.
October 2007
- 1st
- Due date for payment of Corporation Tax for period ended 31st December 2006.
- 5th
- Individuals/trustees must notify HMRC of new sources of income/chargeability in 2006/07 if a Tax Return has not been received.
- 14th
- Due date for income tax for the CT61 quarter to 30th September 2007.
- 19th/20th
- Quarter 2 2007/08 PAYE remittance due.
November 2007
- 1st
- Please ensure you are retaining your documents for the 2007 Tax Return.
- 2nd
- Last day for notifying car changes in quarter to 5th October 2007 - P46 (Car).
December 2007
- 31st
- Last day for non-EC traders to reclaim recoverable UK VAT suffered in the year to 30th June 2007.
- End of relevant year taxable distance supplies to UK for VAT registration purposes.
- End of relevant year for cross-border acquisitions of taxable goods in the UK for VAT registration purposes.
- End of CT61 quarterly period.
- Filling date for Corporation Tax Return Form CT600 for period ended 31st December 2006.