PERSONAL TAX RETURN
(Self-Employed / Freelancers / Directors / Sole Traders)
The deadline for a Self-Assessment Tax Return is the 31st January, following the tax year.
(For example the tax return for 2018/19 will be due for filing on 31.01.2020).
LIMITED COMPANY DEADLINES
Confirmation Statement Filing With Companies House
1 month following the anniversary of the company.
Accounts & Corporation Tax Return Filing with HMRC
12 months following the year-end (for example accounting period ended 31 December 2018 to be filed by 31 December 2019).
Accounts Filing With Companies House
9 months after the year-end (for example accounting period ended 31 December 2018 to be filed by 30th September 2019).
VAT Return Filing
1 month and 7 days following the VAT quarter (for example quarter ended 31 December 2018 – filing and payment due by the 7th February 2019).
Payment of Corporation Tax Liability
9 months and 1 day after the year-end (for example 31 December 2018 – payment will become due on the 01 October 2019).
PAYROLL FILING
PENALTIES
Non-filing & Late Filing of Personal Tax Return with HMRC
- 1st February 1 day late = £100 fine from 1st February to 28th February
- 1st March onwards = £10 per day fine up to maximum of 90 days (£900)
Non-filing & Late Filing of Corporation Tax Return with HMRC
- 1 day late = £100
- 3 months = another £100
- 6 months = HMRC will estimate your Corporation Tax bill and add a penalty of 10% of the unpaid tax
- 12 months = another 10% of any unpaid tax
Non-filing & Late Filing of Accounts at Companies House
- Not more than one month – £150
- More than one month but not more than 3 months – £375
- 3 months or more but not more than 6 months – £750
- More than 6 months – £1,500
Non-filing & Late Filing of VAT Return
- Between 5% – 15% of VAT liability depending on circumstances
- Non-filing & Late Filling of FPS for Payroll
- £100 penalty