Below is a list of the main tax events coming up which you should know about now. 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.
|Corporation tax payment for year to 31/05/22 (unless quarterly instalments apply)
|PAYE & NIC deductions, and CIS return and tax, for month to 05/03/23 (due 22/03 if you pay electronically)
|Corporation tax payment for year to 30/6/22 (unless quarterly instalments apply)
|End of 2022/23 tax year – many tax planning actions need to have been done by this date.
|Start of the 2023/24 tax year.
|PAYE & NIC deductions, and CIS return and tax, for month to 5/04/23 (due 22/04 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.