Expired deadlines

21 Apr 2016

  • Intrastat

    Due date for payment of supplementary declarations for March 2016.

  • EC sales list

    Deadline for online monthly or quarterly return filing.

19 Apr 2016

  • Postal monthly PAYE/NIC/student loan payment

    If paying by cheque, HMRC must have received a cheque by this date. Pay PAYE, NICs, student loan deductions and deductions from payments to subcontractors for the month up to the 5th of this month.

  • PAYE/NIC quarterly payment

    Quarter 4 (2015/16) PAYE/NIC payment due where paid by cheque. The cheque must be with HMRC by this date in order to avoid automatic interest charge.

  • CIS return

    Construction Industry Scheme: monthly return due for period to 5th of month.

14 Apr 2016

  • EC sales list

    Deadline for paper monthly or quarterly return filing.

  • CT61 payment

    Due date for income tax for the CT61 period to 31 March 2016.

07 Apr 2016

  • Corporation tax

    Corporation tax reduces from 20% to 19%.

  • VAT return

    Due date for February VAT returns unless exempted.

06 Apr 2016

  • Capital gains tax

    Reductions in the two rates of capital gains tax from 28% to 20% and the 18% rate to 10%.

  • Wear and tear allowance

    The 10% allowance is abolished.

  • New dividend taxation rules

    Existing dividend taxation regime is replaced with new rates from 7.5% to 38.1%.

  • National living wage

    This is introduced at an initial rate of £7.20.

  • Employment allowance

    Employment allowance increases from £2,000 to £3,000.

  • Rent-a-room

    Rent-a-room relief increases from £4,250 to £7,500.

  • Lifetime allowance

    Reduces from £1.25 million to £1 million.

  • Annuities

    Those who currently receive income from an annuity will have the right to assign the annuity in consideration for a lump sum or alternative retirement product.

  • Gift Aid small donations scheme (GASDS)

    GASDS increases to £8,000.

  • P11Ds

    £8,500 benefit threshold is removed.

  • Farm profits

    Averaging of farm profits to be extended for income tax purposes from 2 to 5 years.