Specialist Independent Advisers based in East Anglia

Lovewell Blake Financial Planning Limited

Key Date Reminders

Tax Deadlines 2012/13

2012

06 April
Start of 2012/13 tax year

19 April
Due date for final payment of monthly and quarterly PAYE and NIC liabilities for 2011/12 (normally 22 April if paying electronically but 20 April this year as 22 April is a Sunday).

Due date for final month CIS return due (month ending 5 April 2012 - these are due monthly by 19th of the month)

30 April
Last date to submit personal 2010/11 tax return electronically to avoid a daily penalty (£10 per day up to a 90 day maximum £900).

19 May
Due date for submission of forms P35 and P14 to HMRC.

31 May
Due date to give copies of forms P60 to employees.

06 July
Due date for submission of forms P11D(b) and P11D to HMRC.

Due date to give copies of forms P11D to employees.

Due date for submission of form 42 to HMRC (includes certain shares issued to and transferred to/from directors and employees).

19 July
Due date for payment of Class 1A NIC (normally 22 July if paying electronically but 20 July this year as 22 July is a Sunday).

31 July
Due date for second personal tax payment on account for 2011/12.

Last date to submit personal 2010/11 tax return electronically to avoid a tax geared penalty (greater of £300 and 5% of the tax that would be shown in the return).

1 August
Last date to pay 2010/11 personal tax outstanding from 31 January 2012 to avoid a second late payment penalty of 5% of the outstanding tax.

5 October
Last date to notify HMRC of a liability to complete a personal tax return for 2011/12 where a return has not already been issued. Failure to notify can lead to a penalty of up to 100% of the tax due (in extreme cases).

31 October
Last date for submission of 2011/12 personal tax return if filing in paper form to avoid a late filing penalty of £100.

30 December
Due date for submission of 2011/12 personal tax return in electronic form to enable tax liabillities up to £3,000 to be collected via PAYE.

2013

31 January
Last date for submission of 2011/12 personal tax return if filing electronically to avoid a late filing penalty of £100.

Due date for balancing payment of 2011/12 personal tax.

Due date for first personal tax payment on account for 2012/13.

Last date for submission of 2010/11 personal tax return to avoid a second tax geared penalty (usually the greater of £300 and 5% of the tax that would be shown in the return but up to 100% of the tax that would be shown in the return).

1 February
Last date to pay 2010/11 personal tax outstanding from 31 January 2012 to avoid a third late payment penalty of 5% of the outstanding tax.

2 March
Last date to pay 2011/12 personal tax outstanding from 31 January 2013 to avoid a late payment penalty of 5% of the outstanding tax.

5 April
End of the 2012/13 tax year.