Tax Calendar 2019/20
|March||Spring Statement 2019|
|1 March||Amendment to VAT treatment of prepayments for unfulfilled supplies|
|31 March||Corporation tax returns filed by companies with 31 March 2018 year end|
|1 April||Main rate of corporation tax remains at 19%.|
Capital allowances rate for special rate assets reduced to 6%.
VAT registration threshold remains at £85,000.
VAT de-registration threshold remains at £83,000.
Revised VAT grouping guidance becomes effective.
|6 April||Start of the personal tax year 2019/20.|
Tax free dividend allowance remains at £2,000.
Personal allowance increased to £12,500. Higher rate threshold increased to £50,000.
Capital gains tax annual exemption (individuals) increased to £12,000.
Maximum annual ISA contribution remains at £20,000 of which £4,000 can be saved in a lifetime ISA.
Pension contribution annual allowance remains at £40,000 (lifetime allowance increases to £1.055m).
Starting rate of 0% for saving income remains at £5,000.
Company car fuel benefit charge multiplier increased to £24,100.
|14 April||Form CT61 filed and tax paid for the quarter ended 31 March 2019.|
|30 April||Annual adjustment for VAT partial exemption calculations (monthly returns).|
ATED return and payment for the year 1 April 2019 to 31 March 2020 due. This is payable by any company (or
similar entity) owning a UK residential property with a market value of more than £500k on 1 April 2017 (or
date of later acquisition).
|3 May||Form P46 (Car) filed for the quarter ended 5 April 2019.|
|31 May||Form P60 provided to employees.|
Common Reporting Standard (CRS) report filed for the year to 31 December 2018.
Foreign Account Tax Compliance Act (FATCA) report filed for the year to 31 December 2018
|1 June||Advisory fuel rates reviewed by HMRC.|
|14 June||1st corporation tax quarterly instalment for a ‘very large’ company for the year ending 31 March 2020|
|5 July||Non-Resident Landlords’ Form NRLY filed for the year ended 31 March 2019.|
Deadline for agreeing scope of PAYE Settlement Agreements for the year ended 5 April 2019.
|6 July||Forms P11D filed and copied to employees.|
Employment Related Securities Form filed for 2018/19.
Redundancy packages paid in 2018/19 exceeding £30,000 in value and including non-cash benefits to be
|14 July||Form CT61 filed and tax paid for the quarter ended 30 June 2019.|
|19 July||Class 1A NIC paid in respect of 2018/19 for non-electronic payments.|
|22 July||Class 1A NIC paid in respect of 2018/19 for electronic payments|
|31 July||Second payment on account of income tax payable under self-assessment for 2018/19.|
|2 August||Form P46 (Car) filed for the quarter ended 5 July 2019|
|1 September||Advisory fuel rates reviewed by HMRC|
|30 September||Submission online of refund claims for VAT incurred by EU businesses in other EU member states in 2018.|
Accounts for private companies for the year ended 31 December 2018 filed with Companies House.
|1 October||Payment of corporation tax by companies with 31 December 2018 year end.|
Introduction of the VAT domestic reverse charge for the construction sector
|5 October||Notification to HMRC of chargeability to income tax and capital gains tax for 2018/19.|
|14 October||Form CT61 filed and tax paid for the quarter ended 30 September 2019.|
|19 October||Income tax and Class 1B NIC paid in respect of PAYE settlement agreements for the year ended 5 April 2019|
for non-electronic payments.
|22 October||Income tax and Class 1B NIC paid in respect of PAYE settlement agreements for the year ended 5 April 2019|
for electronic payments.
|31 October||Submission deadline for paper self-assessment income tax returns for 2018/19.|
|2 November||Form P46 (Car) filed for the quarter ended 5 October 2019.|
|No taxable benefit provided cost per head does not exceed £150 (inclusive of VAT).|
|1 December||Advisory fuel rates reviewed by HMRC.|
|30 December||Deadline for individuals to submit self-assessment tax returns if requesting underpayments of tax of £3,000 or|
less to be collected through 2020/21 PAYE code
|31 December||Corporation tax returns filed by companies with 31 December 2018 year end.|
Submission of refund claims under the 13th Directive for VAT incurred in the EU by non-EU businesses in the
year ended 30 June 2019.
Accounts for private companies for the year ended 31 March 2019 filed with Companies House.
|1 January||Payment of corporation tax by companies with 31 March 2019 year end.|
|14 January||Form CT61 filed and tax paid for the quarter ended 31 December 2019.|
|31 January||Online submission deadline for 2018/19 self-assessment income tax returns.|
Balancing payments of income tax for 2018/19 and first payment on account for 2019/20. Payment of capital
gains tax for 2018/19.
Deadline for making Gift Aid donations to carry back to 2018/19 (provided tax return not submitted earlier).
|2 February||Form P46 (Car) filed for the quarter ended 5 January 2020|
|March||One month left for individuals to undertake pre tax year end planning, including making tax efficient|
|1 March||Advisory fuel rates reviewed by HMRC|
|31 March||Corporation tax returns filed by companies with 31 March 2019 year end|
less to be collected through 2020/21 PAYE code
|1 April||Start of the financial year 2020.|
Employment allowance of £3,000 restricted to employers with an NIC bill of less than £100,000.
|5 April||End of the personal tax year 2019/20.|
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