Below is a list of the main tax events coming up for January and February 2020. It is important to be aware that filing your tax return late or failing to pay the tax you owe on time, could mean you face extra penalty fees and interest charges. It is therefore recommended that you authorise a tax specialist such as Beavis Morgan to handle your tax affairs and deal with HM Revenue & Customs on your behalf. This will ensure that all deadlines are met and that you are not paying more tax than you need to.
| Date | What’s Due |
| 1/01 | Corporation tax payment for year to 31/3/19 (unless quarterly instalments apply) |
| 19/01 | PAYE & NIC deductions, and CIS return and tax, for month to 5/01/20 (due 22/01 if you pay electronically) |
| 31/01 | Deadline for Self-Assessment tax return for 2018/19 if filed online. Also, the due date for 2018/19 balancing payment and 50 per cent payment on account of 2019/20 tax |
| 1/02 | Corporation tax payment for year to 30/4/19 (unless quarterly instalments apply) |
| 19/02 | PAYE & NIC deductions, and CIS return and tax, for month to 5/02/20 (due 22/02 if you pay electronically) |
At Beavis Morgan, our diverse team of tax professionals are committed to ensuring that your tax reporting obligations are fully satisfied and that every opportunity to lawfully exploit tax savings is made known to you, restructuring your affairs in a tax effective and efficient way.
If you have any concerns relating to your tax return or wish to discuss your tax affairs in further detail, please contact your usual Beavis Morgan Partner.