Dates & Deadlines
Life is full of deadlines but when it comes to accounts and tax there’s no need to be late.
22 March 2020
Monthly electronic PAYE/class 1 NICs/student loan payment
If paying electronically, pay PAYE, class 1 NICs, student loan deductions and deductions from payments to subcontractors for the month up to the 5th of this month.
31 March 2020
End of corporation tax financial year.
Corporation tax return
Filing deadline for corporation tax return self-assessment form CT600 for period ended 31 March 2019 to be submitted to HMRC.
Company accounts filing deadline
Deadline for filing your company tax return is 12 months after your accounting period for corporation tax ends.
End of CT61 quarterly period.
06 April 2020
Residence nil-rate band
Residence nil-rate band increases from £150,000 to £175,000.
Buy-to-let finance costs
Percentage of finance costs deductible from rental income reduces to 0%. Percentage of basic rate reduction is 100%.
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