As the year winds down, businesses face a crucial period for tax filings. Navigating the complex landscape of tax deadlines is essential for financial compliance. In our comprehensive guide, we highlight key dates for filing P46 forms and corporation tax returns due for accounting periods ending on November 30, 2022. Understanding and meeting these deadlines is crucial for avoiding penalties and ensuring a smooth transition into the new financial year.
November 1:
Corporation tax due for accounting periods ended January 31, 2023, where not payable by installments.
November 2:
P46 (car) forms due for the quarter endedOctober 5, 2023 (where benefits not pay rolled).
November 5:
Employment intermediary reports due for the quarter ended October 5, 2023.
Deadline for amending employment intermediary reports for the quarter ended July 5, 2023.
November 7:
VAT returns and payments due for month or quarter ended September 30, 2023.
November 14:
Corporation tax installment payments due for large and very large companies.
November 17:
PAYE, NICs, student loan deductions, and CIS deductions due for the month ended November 5, 2023, paid non-electronically.
November 19:
CIS returns due for the month ended November 5, 2023.
EPS due for the month ended November 5,2023, for HMRC to apply a reduction on what is owed from FPS.
November 22:
PAYE, NICs, student loan deductions, and CIS deductions due for the month ended November 5, 2023, paid electronically.
November 30:
Corporation tax return due for accounting periods ended November 30, 2022. Deadline for amending corporation tax returns for accounting periods ended November 30, 2021. Inheritance tax due for deaths in May 2023.
December 1:
Corporation tax due for accounting periods ended February 28, 2023, where not payable by installments. HMRC reviews advisory fuel rates for company cars.
December 7:
VAT returns and payments due for month or quarter ended October 31, 2023.
December 14:
Corporation tax installment payments due for large and very large companies.
December 19:
PAYE, NICs, student loan deductions, and CIS deductions due for the month ended December 5, 2023, paid non-electronically. CIS returns due for the month ended December 5, 2023. EPS due for the month ended December 5,2023, for HMRC to apply a reduction on what is owed from FPS.
December 22:
PAYE, NICs, student loan deductions, and CIS deductions due for the month ended December 5, 2023, paid electronically.
December 30:
Submit online personal tax return for 2022–23 if taxpayer wants HMRC to collect tax underpayment (below £3,000) through PAYE coding.
December 31:
Corporation tax return due for accounting periods ended December 31, 2022. Deadline for amending corporation tax returns for accounting periods ended December 31, 2021. Inheritance tax due for deaths in June2023.
Meeting tax deadlines is crucial for financial compliance and business stability. As the year concludes, careful attention to these dates is essential. To ensure a seamless tax-filing experience and avoid penalties, consider consulting with experts at Elena Meskhi & Co.
Schedule a call with Elena Meskhi & Co. for expert assistance in filing your taxes promptly and accurately. Your financial compliance is our priority. Book your consultation now to secure a smooth transition into the new financial year.
