Tax and business calendar

22 Mar 2019

• 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 Mar 2019

• Corporation tax

  End of corporation tax financial year.

• Company accounts filing deadline

  Deadline for filing your company tax return is 12 months after your accounting period for corporation tax ends.

• Corporation tax return

  Filing deadline for corporation tax return self-assessment form CT600 for period ended 31 March 2018 to be submitted to HMRC.

• CT61

  End of CT61 quarterly period.

01 Apr 2019

• Corporation tax payment

  Corporation tax payment due for year end 30 June 2018, for those companies not liable to pay their liability by instalments.

• Making Tax Digital

  MTD for VAT gets under way

• Measure of business rates changes

  All future business rates are now determined by the Consumer Prices Index measure of inflation.

06 Apr 2019

• Start of new tax year

  Start of new tax year.

• Residence nil-rate band

  Residence nil-rate band rises from £125,000 to £150,000.

• Marriage allowance

  Marriage allowance rises to £1,190.

• Car benefit multiplier

  Car benefit multiplier rises to £24,100.

• Higher-rate threshold

  Higher-rate income tax threshold increases in England, Wales and Northern Ireland from £46,350 to £50,000.

• Company van benefit

  Company van benefit rises £3,430.

• Personal allowance

  Personal allowance increases from £11,850 to £12,500 throughout the UK.

• National living wage

  National living wage increases from £7.83 to £8.21 an hour for over-25s.

• Junior ISA

  Annual Junior ISA limit rises to £4,368.

• Lifetime pension allowance

  Lifetime pension allowance increases to £1.055 million.

• Capital gains tax allowances

  Capital gains tax annual allowance for individuals increases to £12,000; and to £6,000 for trustees.

• Termination payments

  National insurance to be paid on termination payments in excess of £30,000.