Diary of main tax events - July 2020

Diary of main tax events - July 2020


Date     What’s Due

01/07    Corporation tax for year to 30/9/19 (unless pay quarterly)

05/07    Last date for agreeing PAYE settlement agreements for 2019/20 employee benefits

05/07    Deadline for agents and tenants to submit returns of rent paid to non-resident landlords and tax deducted for 2019/20 

06/07    Deadline for forms P11D and P11D(b) for 2019/20 tax year. Also deadline for notifying HMRC of shares and options awarded to employees
07/07    Deadline for submission of VAT returns for the period ending 31 May 2020, and the payment of associated liabilities (where not collected by Direct Debit)

19/07    PAYE & NIC deductions, and CIS return and tax, for month to 5/7/20 (due 22/07 if you pay electronically)

31/07    50% payment on account of 2020/21 tax liability due. However, due to Covid-19 taxpayers may defer the payment until 31/1/21 without incurring interest and penalties