Important Tax Dates - February 2008

1 February 2008
HMRC begin issuing fixed penalty notices of £100 (and in some cases make take daily penalty action), for 2006/07 Tax Returns not yet filed.

 

1 February 2008
HMRC may issue determinations for tax due for 2004/05 if no tax return has been filed for the year.

 

1 February 2008
Corporation tax liability due for accounting periods ended 30 April 2007 (apart from companies subject to the quarterly instalment payment (QIP) regime).

2 February 2008
Submission deadline for P46 (car) for quarter ended 5th January 2008.

11 February 2008
EC sales list deadline for the quarter ended 31st December 2007.

14 February 2008
Quarterly instalment payments due in respect of corporation tax liability for large companies with October 2007 and January, April and July 2008 year ends.

19 February 2008
Payment of PAYE/NIC/CIS deductions for the month ended 5^th February 2008 (deadline extended to 22 February for large employers who pay electronically).

28 February 2008
Last day to pay any balance of 2006/07 income tax, class 4 NIC and capital gains tax to avoid an automatic 5% surcharge.

29 February 2008
Submission deadline for corporation tax return, computation and accounts for accounting periods ended 29th February 2007.

29 February 2008
Filing deadline for VAT return and payment due for month/quarter ended 31^st January 2008 (deadline extension of 7 days if payment is made by credit transfer).

29 February 2008
Intrastat declaration return due for month ended 31st January 2008.

29 February 2008
Annual VAT partial exemption adjustment for the year to 31st January 2008 (if end return cycle) to be undertaken in VAT period to 31st January.