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Budget 2006
Key Filing Dates
Income tax and capital gains tax
| self assessment tax return | 31 January following end of year of assessment* |
Inheritance tax |
|
| chargeable lifetime transfer | later of 12 months after end of month of transfer and 3 months after person becomes liable to tax |
| transfers on death | later of 12 months after end of month of death or 3 months after personal representatives first act or believe an account is required |
| potentially exempt transfers | 12 months after end of month of death of transferor |
Corporation tax |
|
| all companies | 12 months after end of accounting period |
Value added tax |
1 month† after end of return period, or 2 months for annual returns |
Stamp duty land tax |
30 days from effective date of land transaction |
Employment taxes |
|
| forms P35 and P14 to HM Revenue & Customs§ | 19 May following end of tax year |
| forms P60 to employees‡ | 30 May following end of tax year |
| forms P9D/P11D to HM Revenue & Customs and copies to employees | 6 July following end of tax year |
| return of class 1A NICs§ | 6 July following end of tax year |
| employment related securities form 42 | 6 July following end of tax year |
* Assumes request for return issued pre 31 October after year of assessment - date advances to 30 September if taxpayer wants underpayment of less than £2,000 to be coded-out in following tax year, 31 December if filing electronically
† 7 day extension may apply for electronic submission
‡ For employees in that employment at 5 April in tax year
§ Penalties apply automatically
The figures shown here are subject to ammendment as the Finance Bill passes through Parliament.
This information has been prepared only as a topical guide to tax and personal financial matters. No responsibility can be accepted by us for loss occasioned to any person acting or refraining from acting as a result of any material contained in this publication.
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