2007 Tax Calendar |
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| 1 | First £100 penalty if 2006 Tax Return not yet filed. Additional penalties may apply for further delay. | ||
| 2 | Last day for notifying car changes in quarter to 5 January - P46 (Car) | ||
| 28 | Last day to pay any balance of 2005/06 tax to avoid an automatic 5% surcharge | ||
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| 21 | Budget Day 2007 | ||
| 31 | End of Corporation Tax financial year End of CT61 quarterly period Filing date for Corporation Tax Return Form CT600 for period ended 31 March 2006 End of period for limited companies to claim first year allowance of 50% |
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| 5 | End of period for unincorporated businesses to claim for first year allowance of 50% Last day of 2006/07 tax year |
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| 6 | First day of 2007/08 tax year | ||
| 14 | Due date for income tax for the CT61 period to 31 March 2007 | ||
| 19/21 | Quarter 4 2006/07 PAYE and CIS remittance due for small employes and contractors, including any balance of 2006/07 PAYE/NI | ||
| 20 | Interest will begin to accrue on unpaid PAYE/NI for 2006/07 | ||
| 30 | Normal annual adjustment for VAT partial exemption calculations (monthly returns) | ||
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| 1 | New VAT scale charges for company cars (to be confirmed in 2007 Budget) | ||
| 3 | Last day for notifying car changes in quarter to 5 April - P46 (Car) | ||
| 19 | Last day for filing forms P14, P35, P38, and P38A - 2006/07 PAYE returns, without incurring penalties. Also last day for filing contractors' returns, including CIS36. | ||
| 31 | Last day to issue 2006/07 P60s to employees | ||
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| 30 |
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) |
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| 6 | Last day to file Taxed Award Scheme Returns, file P11Ds, P11D(b)s and 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 |
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| 14 | Due date for income tax for the CT61 period to 30 June 2007. | ||
| 19/21 | Quarter 1 2007/08 PAYE and CIS for small employers and contactors remittance due Final date for payment of 2006/07 Class 1A NICs |
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| 31 | Second self assessment payment on account for 2006/07 Annual adjustment for VAT partial exemption calculations (April VAT year end) 5% surcharge on any tax unpaid for 2005/06 |
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| 1 | Liability to second £100 penalty arises for 2006 Tax Return still not filed |
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| 2 | Last day for notifying car changes in quarter to 5 July - P46 (Car) | ||
| 31 | Annual adjustment for VAT partial exemption calculations (May VAT year end) | ||
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| 30 | Deadline for submission of the 2007 paper Tax Return (provided issued by 31 July 2007) if you wish HM Revenue & Customs to calculate the tax or, if you are an employee, you wish to have a 2006/07 balancing payment of less than £2,000 collected through your 2008/09 PAYE code End of CT61 quarterly period |
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| 1 | Due date for payment of Corporation Tax for period ended 31 December 2006 | ||
| 5 | Individuals/trustees must notify the Revenue of new sources of income/chargeability in 2005/06 if a Tax Return has not been received | ||
| 14 | Due date for income tax for the CT61 quarter to 30 September 2007 | ||
| 19/20 | Quarter 2 2007/08 PAYE and CIS remittance due for small employers and contractors | ||
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| 2 | Last day for notifying car changes in quarter to 5 October - P46 (Car) | ||
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| 29/30 | Last date to file your 2007 Tax Return electronically if you are an employee and wish to have a 2006/07 balancing payment of less than £2,000 collected through your 2008/09 PAYE code. Date dependant upon who is filing. | ||
| 31 | Last day for non-EC traders to reclaim recoverable UK VAT suffered in the year to 30 June 2007 End of relevant year for 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 Filing date for Corporation Tax Return Form CT600 for period ended 31 December 2006 Deadline for electronically delivered 2007 Tax Return if you wish HM Revenue & Customs's to calculate the tax, or if you are an employee and wish to have a 2006/07 balancing payment of less than £2,000 collected through your 2008/09 tax code. |
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| Business: |
Business Start-Up |
Business General |
Limited Companies Partnerships | IR35 | Business Management | PAYE & NI | VAT |
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| Personal: |
Introduction to the Tax System |
Planning Aspects |
Home Aspects Pensions | Aspects of Investments and Investing | VCT & EIS |
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| Tax: |
Budget Report |
Tax Guide |
Financial Planning Guide Tax Calendar | IR35 | PAYE & NI | VAT | Year End Tax Planning |