Contractors’ Questions: Any new dates for my 2014 tax diary?

Contractor tax dates – Q2 & beyond

May

• 1^st - Due date for corporation tax due for the year ended  July 31^st 2013
• 19^th - If on a monthly salary, PAYE & NIC deductions due for month ended May 5^th 2014 (but for electronic taxpayers, the due date is May 22^nd)
• 31^st - Ensure all P60s are with any relevant employees for the 2013-14 tax year

June

• 1^st - Due date for corporation tax due for the year ended August 31^st  2013 (note: corporation tax for small companies is due nine months and one day after the end of accounting period)
• 19^th - If on a monthly salary, PAYE & NIC deductions due for month ended June 5^th 2014 (but for electronic taxpayers, the due date is June 22^nd )

July

• 6^th - Final submission date to HMRC for P11D returns
• 19^th - If on a monthly salary, PAYE & NIC deductions due for quarter ending July 5^th (but for electronic taxpayers, the due date is July 22^nd)
• 31^st - Second payment on account due for 2013/14 personal tax
• 31^st -- Second 5% surcharge applied if  2012/13 liability not settled in full

October

• 5^th - Deadline for registering for self-assessment for the 2013/14 tax year
• 19^th - If on a monthly salary, PAYE & NIC deductions due for quarter ended October 5^th (but for electronic taxpayers, the due date is October 22^nd)
• 31^st - Filing due date for paper self-assessment for 2013/14

December

• 30^th - Filing date for online 2013/14 self-assessment where tax owed is less than £1,000 and you require HMRC to code out any underpayment.