The key deadlines we have are around the filings. However, these are the deadline, not a target, so here are our internal targets followed by latest deadlines.
Self-assessment – we have an internal target of 30th November following the tax year to complete all of our tax returns. The filing deadline is 31st Jan. We have an earlier target so we can give you your tax bill as early as possible. Plus we can have a few months to do other important work and have a relaxing Christmas 🙂
Annual Accounts & corporation tax returns – We have an internal target, which we’re slowly working towards, of sending draft accounts within 3 months of year-end. Currently, we’re about 6-7 months. The filing deadline is 9 months after the company year-end. The corporation tax return is due 12 months after the year-end, but it’s often produced with the company accounts. The only exception will be when the company is claiming R&D tax credits.
PAYE & CIS – these deadlines are hit in line with your internal payroll deadlines.
VAT – for VAT information sent to us by the 10th of the month, we will have a draft VAT return sent to you by the end of the month. The filing deadline is 7 days after that.
Ask via our online chat or facebook messenger if you have any other questions