April 29th, 2016
May Deadlines
There are a number of key dates to look out for in May especially in relation to taxes.
Take a look and make sure you don’t get caught out by being late with payments and deadlines to avoid penalties and fines and missed opportunities.
1 May 2016
- Corporation Tax due for company accounts year ended 31 July 2015
- Daily penalties start of £10 per day for up to 90 days (max £900) on 2014/2015 Self Assessment Tax Returns which have yet to be filed.
3 May 2016
- Deadline for submitting P46 (car) for employees whose car/fuel benefits changed during the quarter to 5 April 2016
19 May 2016
- PAYE, NIC and Student loan deductions due for the month ended 5 May 2016
- Filing deadline for CIS300 monthly return for the month ended 5 May 2016
- CIS Tax deducted for the month 5 May 2016 is payable by this date
31 May 2016
- Deadline for forms P60 for 2015/16 to be issued to employees