Key UK Tax Dates 2024/25
Corporation Tax
The deadline for your tax return is 12 months after the end of the accounting period it covers.
Taxable profits of up to £1.5 million
You must pay your Corporation Tax 9 months and 1 day after the end of your accounting period. Your accounting period is usually your financial year, but you may have 2 accounting periods in the year you set up your company.
Taxable profits of more than £1.5 million
You must pay your Corporation Tax in instalments. The first instalment is due six months and 13 days after the first day of the accounting period and quarterly thereafter.
Taxable Profits Of More Than £20m
You must pay your Corporation Tax in instalments. The first instalment is due two months and 13 days after the first day of the accounting period and quarterly thereafter.
VAT
The deadline for submitting the return online and paying HMRC are usually the same - 1 calendar month and 7 days after the end of an accounting period. You need to allow time for the payment to reach HMRC’s account. The exception would be if you are on the VAT Annual Scheme and the deadline would be 2 months after the end of the annual period for filing your return.
Employment Tax
3 May – P46(car) paper submissions – company car changes in the period 6/1 – 5/4
31 May – Short Term Business Visitor reporting
4 July – Deadline by which employees must make good PAYE income tax arising in respect of employment related securities before a penalty s222 charge applies
6 July – P11D, Employment Related Securities returns filing deadline. Deadline for agreeing PAYE Settlement Agreements
19/22 July – deadline for payment of class 1A NIC (later date if paying electronically)
31 July – PAYE Settlement Agreement calculation deadline (specified in PAYE Settlement Agreement)
2 August – P46(car) – company car changes in the period 6/4 – 5/7
31 August – PAYE Settlement Agreement calculation deadline (specified in PAYE Settlement Agreement)
19/22 October – Deadline for payment of income tax and class 1B NIC arising under PAYE Settlement Agreement (later date if paying electronically)
2 November – P46(car) – company car changes in the period 6/7 – 5/10
2 February – P46(car) – company car changes in the period 6/10 – 5/1
5 April – P46(car) electronic submissions – company car changes in the period 6/1 – 5/4
Payroll
19th of every month – Deadline for payment of PAYE & NICs by post. Last day for submitting a real time information employer payment summary to HMRC electronically.
22nd of every month – Deadline for payment of PAYE and NICs electronically.
31 May – Employers must give a form P60 to each employee working for them at 5th April and for whom they have filed a FPS.
6 July – Filing deadline date for Expenses and Benefits forms P11D(b) and P11D to reach HMRC. Last date to give forms P11D to relevant employees.
31 July – PAYE settlement agreement submission date. Real Time Information submissions should be filed on or before pay day.
