Tax Calendar

5th April×

Last opportunity to utilise income tax personal allowances, annual ISA allowances, and exemptions for CGT and IHT for 2022/23. Last day to claim exemption from Class 4 NIC for 2022/23 where earnings are also subject to Class 1 NIC. Final day for claims for 2018/19 relating to personal allowances, remittance basis, terminal loss relief, overlap relief, carry-forward of trading losses, and capital losses. The deadline to claim an asset became of negligible value or loan to a trader became unrecoverable in 2020/21.

11th April×

Last day to set up a variable direct debit to pay PAYE for payment this month.

19th April×

Employers must make final RTI payroll report for 2022/23 using FPS or EPS.

22th April×

PAYE, NIC, and student loan deductions are to be paid to HMRC by electronic means for the month of 5 April 2023, unless the employer has set up a direct debit so HMRC can collect the amounts due.

30th April×

Daily £10 late filing penalties start to apply to outstanding 2021/22 self-assessment returns. Any IHT due on lifetime transfers between 6 April and 30 September 2022 is due. ATED returns and ATED relief declarations must be filed for 2023/24. The ATED charge must be paid for 2023/24.

1st May×

Where the taxpayer has not submitted their 2021/22 self-assessment tax return by midnight the following penalties apply: for online filing - £10 daily penalties for filing on paper - the greater of £300 or 5% of the tax showing on the return.

3rd May×

Employers must submit the form P46 (Car) to HMRC for employees who have been provided with a company car for the first time during the quarter to 5 April 2023.

31th May×

Employers must provide a form P60 for 2022/23 to those employees who they employed on 5 April 2023. Returns under the Crown Dependencies and Overseas Territories reporting rules due for the year to 31 December 2022. FATCA returns must be submitted to the IRS for the year to 31 December 2022

15th June×

US expatriates must file their 2022 US federal tax returns by this date if they have not obtained a filing extension. If more time is needed an extension can be obtained to 15 October 2023. Interest will accrue from 15 April 2023 on any tax due, until it is paid.

21th June×

Employers must pay over PAYE, NIC and CIS deductions made for the month to 5 June 2023, so the money clears the HMRC bank account by this date.

5th July×

- Employers need to agree any PAYE Settlement Agreement (PSA) for 2022/23 with HMRC. This can now be achieved with an online application.
- Letting agents acting for non-resident landlords must make return of the rents paid to landlords and tax deducted in 2022/23 (form NRLY). If no letting agent is acting the tenant must make the return.

6th July×

-Employers need to submit the report of expenses and benefits (P11D) and class 1A NIC due on those benefits (P11d (b)) online for 2022/23. There is no option to submit this information on paper.
- Employers must supply their relevant employees with copies of the P11D information for 2022/23.
- Employee share scheme annual returns need to be submitted through the ERS to report events in 2022/23.
- Any employee share schemes put in place in 2022/23 must be registered by this date.
- Where employee termination payments and benefits have been provided with a value of £30,000 or more for any one employee, or where non-cash benefits included in the package, a report must be submitted to HMRC.
- Directors and employees who wish to 'make good' the cost benefits provided in 2022/23 to avoid being taxed on those items must do so by this date. This applies to the provision of: cars, vans, road-fuel, non-cash vouchers, accommodation, credit token and benefits treated as earnings.
- Where a close company has provided beneficial loans to a director, the company must elect by this date for all loans to be treated as a single loan to calculate benefits in kind.

7th July×

Where non-cash benefits have been provided in 2022/23 to retired employees under employer-financed retirement benefits scheme a return needs to be made to HMRC.

19th July×

Non-electronic payment of Class 1A NIC for 2022/23 on benefits returned on a declaration of expenses and benefits (form P11D(b)) must reach HMRC by this date.

21th July×

Payment of Class 1A NIC made by an approved electronic payment method must reach HMRC by this date.

31th July×

- The second payment on account of self-assessed income tax and Class 4 NIC for 2022/23 is due.
- All tax credit claims for 2022/23 must be confirmed and renewed for 2023/24 if required.

3rd August×

- Is National Cycle to Work Day, where employees are encouraged to get into work on two wheels.

19th August×

Please note, in 2023, 19 August is a Saturday.

22th August×

- Deadline for paying HMRC all PAYE, NICs, Student Loans and CIS deductions (less child-related statutory payments) if paying electronically. HMRC must have cleared funds on or before this date

28th August×

- Except for Scotland, Monday 28 August 2023 is a UK Bank Holiday.

7th September×

VAT payment deadline for accounting periods ended 31 July 2023.

19th September×

- Deadline for sending the Employer Payment Summary (EPS) for tax month ending 05 September 2023
- Deadline for paying HMRC all PAYE, NICs, Student Loans and CIS deductions (less child-related statutory payments) if paying by a non-electronic method

22th September×

Deadline for paying HMRC all PAYE, NICs, Student Loans and CIS deductions (less child-related statutory payments) if paying electronically. HMRC must have cleared funds on or before this date

30th September×

Corporation Tax Self-Assessment (CTSA) deadline for returns to HMRC (for accounting periods ended 30 September 2022).

1st October×

HMRC’s Advisory Fuel Rates (published in September) must be implemented by employers by the date

5th October×

- The deadline for individuals, trusts and partnerships to notify HMRC of the need to register for Self-Assessment (2022/23 tax year)

15th October×

- If a US expatriate had a 2022 federal tax return extension agreed, 15 October 2023 is the deadline for filing. Note that 15 October 2023 is a Sunday and the due date is delayed until the next business day (the 16th)

22th October×

- Deadline for paying HMRC all PAYE, NICs, Student Loans and CIS deductions (less child-related statutory payments) if paying electronically. 22 October 2023 is a Sunday and HMRC must have cleared funds on or before this date so ensure you submit by Friday the 20th
- Deadline for paying HMRC the tax and Class 1B National Insurance Contributions (on PAYE Settlement Agreements) if paying electronically. 22 October 2023 is a Sunday and HMRC must have cleared funds on or before this date so ensure you submit by Friday the 20th

31th October×

– The filing deadline for paper Self-Assessment tax returns (individuals, trusts and partnerships

7th November×

– The King’s Speech that marks the State Opening of Parliament

19th November×

- Deadline for sending the Employer Payment Summary (EPS) for tax month ending 05 October 2023
- Deadline for paying HMRC all PAYE, NICs, Student Loans and CIS deductions (less child-related statutory payments) if paying by a non-electronic method
- Deadline for paying HMRC the tax and Class 1B National Insurance Contributions (on PAYE Settlement Agreements) if paying by a non-electronic method

22th November×

- Deadline for paying HMRC all PAYE, NICs, Student Loans and CIS deductions (less child-related statutory payments) if paying electronically - The UK Autumn Statement when many of the rates and thresholds will be announced by the Chancellor of the Exchequer Jeremy Hunt

30th November×

– Corporation Tax Self-Assessment return due at HMRC for accounting periods ended 30 November 2022