DON FISHER & CO

Business Development Specialists and Chartered Accountants


 

Key Dates for 2010/11

April 2010
 
19

PAYE and NIC for the month or quarter which ended on 5 April due for payment to HMRC

19

Interest starts running on unpaid PAYE and NIC for 2009/10

May 2010
 
19

Forms P14, P35, P38A and P38(S) to be sent to HMRC. Keep P11 forms on file in case of inspection

31

Give form P60 to each employee who was employed by you on 5 April 2010

July 2010
 
6

Forms P11D, P11D(b) and P9D to be sent to HMRC. Give copy of each to your current employees

6

Deadline for reporting Employment-Related Securities (Form 42) for 2009/10

19

Pay any Class 1A national insurance contributions for 2009/10 (on taxable benefits) to the HMRC.

31

Second instalment of your Self Assessment tax payment for 2009/10

31

If you have still not paid the balance of your 2008/09 income tax liability, another 5% surcharge is due, and if you have not filed your 2008/09 tax return an additional penalty of £100 will be incurred.

September 2010
 
30

Deadline for submission of Self Assessment Tax Return for the year ended 5 April 2010 if you want HMRC to calculate your liability.
The same deadline applies if you want the HMRC to revise your tax code so that a previous underpayment can be collected through PAYE.

October 2010
 
5

If you have not been sent an appropriate tax return, declare to the HMRC any income you have received which is not fully taxed and any capital gains tax liabilities.

January 2011
 
31

Online filing of Self Assessment tax return for year ended 5 April 2010, together with a calculation of your liability. Penalty of £100 if return not sent by this date

31

First instalment of tax payment 2010/11, together with balance of tax due for 2009/10 to be paid to HMRC.

31

If you have still not filed your 2008/09tax return, a further penalty equal to the tax payable under the return will be incurred.

February 2011
 
28

If you have failed to settle the balance of your 2009/10 tax liability, you will be liable to a 5% surcharge.

 

Office 309 Winston House 2 Dollis Park Finchley London N3 1HF T:020 8371 7899 F:020 8349 4785