Value Added Tax returns for the quarter ended 31 December 2015 are due to be submitted by 7 February 2016, and any payment which is due should be made electronically by the same date.
Archives for January 2016
Self-assessment Deadline 31 January 2016 (final warning)
The Self Assessment deadline is on 31 January 2016. This is the deadline for the electronic submission of income tax and capital gains tax returns for the year ended 5 April 2015. Missing the deadline by just a day means a £100 fine.
Companies with a 30 April 2015 year end
Small private companies with a year end of 30 April 2015 and into their second or later year of existence should submit their accounts to Companies House by 31 January 2016 in order to avoid a Late Filing Penalty.
Self-assessment Deadline 31 January 2016 (second warning)
The Self Assessment deadline is on 31 January 2016. This is the deadline for the electronic submission of income tax and capital gains tax returns for the year ended 5 April 2015. Missing the deadline by just a day means a £100 fine.
Employer Payment Summary by 19 January 2016
Sometimes when you are an employer, you might have happened to have made no wage or salary payments at all for a PAYE month such as the month from 6 December 2015 to 5 January 2016, in which case you must submit electronically an Employer Payment Summary as a NIL return by 19 January. This is too easy to overlook.
Third Quarter PAYE and CIS Payments by 19 January 2016
Employers must make Third Quarter payments of PAYE and NICs by 19 January 2016 if settled by cheque. If you pay electronically, then you have until 22 January to make the payment. Tax retained under the Construction Industry Scheme must also be paid by the same date.
CIS Returns to 5 January 2016
Construction Industry Scheme returns for the period from 6 December 2015 to 5 January 2016 should be submitted online by 19 January 2016. This includes NIL returns.
Self-assessment Deadline 31 January 2016
Normal business activity resumes on 4 January 2016. We are now open again after Christmas. May we wish you a prosperous New Year.