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 Tax Calendar 2019/20

 

March 2019
MarchSpring Statement 2019
1 MarchAmendment to VAT treatment of prepayments for unfulfilled supplies
31 MarchCorporation tax returns filed by companies with 31 March 2018 year end
April 2019
1 AprilMain 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 AprilStart 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 AprilAnnual 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).
May 2019
3 MayForm P46 (Car) filed for the quarter ended 5 April 2019.
31 MayForm 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
June 2019
1 JuneAdvisory fuel rates reviewed by HMRC.
14 June1st corporation tax quarterly instalment for a ‘very large’ company for the year ending 31 March 2020
(see below).
July 2019
5 JulyNon-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 JulyForms 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
reported.
14 JulyForm CT61 filed and tax paid for the quarter ended 30 June 2019.
19 JulyClass 1A NIC paid in respect of 2018/19 for non-electronic payments.
22 JulyClass 1A NIC paid in respect of 2018/19 for electronic payments
31 JulySecond payment on account of income tax payable under self-assessment for 2018/19.
September 2019
2 AugustForm P46 (Car) filed for the quarter ended 5 July 2019
October 2018
1 SeptemberAdvisory fuel rates reviewed by HMRC
30 SeptemberSubmission 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.
October 2019
1 OctoberPayment of corporation tax by companies with 31 December 2018 year end.
Introduction of the VAT domestic reverse charge for the construction sector
5 OctoberNotification to HMRC of chargeability to income tax and capital gains tax for 2018/19.
14 OctoberForm CT61 filed and tax paid for the quarter ended 30 September 2019.
19 OctoberIncome tax and Class 1B NIC paid in respect of PAYE settlement agreements for the year ended 5 April 2019
for non-electronic payments.
22 OctoberIncome tax and Class 1B NIC paid in respect of PAYE settlement agreements for the year ended 5 April 2019
for electronic payments.
31 OctoberSubmission deadline for paper self-assessment income tax returns for 2018/19.
November 2019
2 NovemberForm P46 (Car) filed for the quarter ended 5 October 2019.
December 2019
Christmas party
season
No taxable benefit provided cost per head does not exceed £150 (inclusive of VAT).
1 DecemberAdvisory fuel rates reviewed by HMRC.
30 DecemberDeadline 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 DecemberCorporation 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.
January 2020
1 JanuaryPayment of corporation tax by companies with 31 March 2019 year end.
14 JanuaryForm CT61 filed and tax paid for the quarter ended 31 December 2019.
31 JanuaryOnline 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).
February 2020
2 FebruaryForm P46 (Car) filed for the quarter ended 5 January 2020
March 2020
MarchOne month left for individuals to undertake pre tax year end planning, including making tax efficient
investments.
1 MarchAdvisory fuel rates reviewed by HMRC
31 MarchCorporation tax returns filed by companies with 31 March 2019 year end
less to be collected through 2020/21 PAYE code
April 2020
1 AprilStart of the financial year 2020.
Employment allowance of £3,000 restricted to employers with an NIC bill of less than £100,000.
5 AprilEnd of the personal tax year 2019/20.

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