Main Due Dates for Tax Payment |
| Income
Tax and Capital Gains Tax – Self-Assessment |
31 Jan
in tax year
|
} |
Normally 50% of previous year's income tax, less tax deducted at
source |
| Following 31 July |
| Following 31 Jan |
|
Balance of
income tax and all CGT |
|
|
Inheritance Tax |
| Death: |
normally 6 months after
month of death |
| Lifetime transfer 6
April-30 September: |
30 April in following
year |
| Lifetime transfer 1
October-5 April: |
6 months after month of
transfer |
| |
|
| Corporation Tax Self-assessment: 9 months after accounting
period. |
- Payable by instalments where
profits are £1.5m or over. Normally payable in 7th, 10th, 13th, 16th
months after the start of the accounting period.
- Growing companies: no
instalments where profits are £10m or less and the company was small or
medium-sized for the previous year.
|
|
| © Copyright March 2005, subject to Finance Act |
