Friday, July 27th 2018 12:20pm
31 July 2018 - Deadline for payment of second instalment self-assessment for 2017-18.
1 August 2018 - Due date for corporation tax due for the year ended 31 October 2017.
19 August 2018 - PAYE and NIC deductions due for month ended 5 August 2018. (If you pay your tax electronically the due date is 22 August 2018)
19 August 2018 - Filing deadline for the CIS300 monthly return for the month ended 5 August 2018.
19 August 2018 - CIS tax deducted for the month ended 5 August 2018 is payable by today.
Finally here is a reminder that from April 2019, HMRC's much trumpeted Making Tax Digital (MTD) scheme will apply to certain businesses.
The April 2019 launch will only apply to VAT registered traders. More specifically, Making Tax Digital will apply to businesses who have a turnover above the VAT threshold - the smallest businesses will not be required to use the system, although they can choose to do so voluntarily if they so wish to.
From April 2019, businesses above the VAT threshold will be mandated to keep their records digitally and provide quarterly updates to HMRC for their VAT.
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