Important dates & deadlines for summer 2021

deadline

As another tax year begins, here are some key dates and deadlines coming up for businesses and employers over this summer:

April

19th April – Automatic interest is charged where PAYE Tax, Student Loans, Class 1 NI, or CIS deductions are not paid by today

19th April – PAYE quarterly payments are due for small employers for periods 6th January 2021 to 5th April 2021

19th April – Deadline for employers’ final PAYE return to be submitted online for 2020/2021

30th April – Payment of tax and submission of return for 2021/22 – Annual Tax on Enveloped Dwellings

May

3rd May – Deadline for submitting P46 for employees whose car/fuel benefits changed during the quarter to 5th April 2021

7th May – Deadline for VAT Returns and payments of Accounting Quarter period ending 31st March 2021

31st May – Deadline to give employees a P60 for 2020/21

July

6th July- Copies of 2020/21 P11d documents issued to employees

6th July – Deadline for submitting Form 42: Employment Related Securities relating to the year to 5 April 2021

19th July – Payment of Class 1A NICs or 22 July ’21 if payment made electronically

 31st July- Deadline for the second payment on account for tax year ending 5 April 2021

 How Curo can help your business

Your business will be facing not only the usual compliance deadlines and requirements but also quite possibly extra challenges due to the Covid pandemic. If you would like to understand how you could improve the business, such as optimising the tax position, using business forecasting to help plan for the months ahead, improve the cash flow position or get our professional opinion on what could be done, please get in touch. We have a full service offering to suit the established, growing business as it transitions through the various stages of development. Email [email protected] or your usual Curo contact, or call 01527 558539 to discuss your options.