Value Added Tax returns for the quarter ended 31 January 2016 are due to be submitted by 7 March 2016, and any payment which is due should be made electronically by the same date.
Archives for February 2016
Small private companies with a year end of 31 May 2015 and into their second or later year of existence should submit their accounts to Companies House by 29 February 2016 in order to avoid a Late Filing Penalty.
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 January to 5 February 2016, in which case you must submit electronically an Employer Payment Summary as a NIL return by 19 February. This is too easy to overlook.
Construction Industry Scheme returns for the period from 6 January to 5 February 2016 should be submitted online by 19 February 2016. This includes NIL returns.
If you missed the Self Assessment deadline on 31 January, then you may need to pay a £100 fine. The next deadline in which to take an interest is 1 March 2016, when any tax that is due incurs a 5% surcharge on top of interest due since February 1st 2016. If you contact us NOW then we may be able to do something about it!