Tax Diary February/March 2022
Key tax related dates to be aware of for February & March 2022.
1 February 2022 – Due date for Corporation Tax payable for the year ended 30 April 2021.
19 February 2022 – PAYE and NIC deductions due for month ended 5 February 2022 (If you pay your tax electronically the due date is 22 February 2022).
19 February 2022 – Filing deadline for the CIS300 monthly return for the month ended 5 February 2022.
19 February 2022 – CIS tax deducted for the month ended 5 February 2022 is payable by today.
1 March 2022 – Due date for Corporation Tax due for the year ended 31 May 2021.
2 March 2022 – Self-Assessment tax for 2020-21 paid after this date will incur a 5% surcharge unless liabilities are cleared by 1 April 2022, or an agreement has been reached with HMRC under their time to pay facility by the same date.
19 March 2022 – PAYE and NIC deductions due for month ended 5 March 2022 (If you pay your tax electronically the due date is 22 March 2022).
19 March 2022 – Filing deadline for the CIS300 monthly return for the month ended 5 March 2022.
19 March 2022 – CIS tax deducted for the month ended 5 March 2022 is payable by today.
Warning: Undefined array key "author_person" in /home/b4business/public_html/wp-content/themes/b4-2020/functions.php on line 121
Warning: Trying to access array offset on value of type null in /home/b4business/public_html/wp-content/themes/b4-2020/functions.php on line 121
More in Accountants
James Cowper Kreston Join B4 as Platinum Members
B4 is delighted to announce that James Cowper Kreston, one of Oxfordshire and the Thames Valley’s leading firms of accountants and business advisers, has joined the B4 network as a Platinum Member.
Why having an audit can boost your business
Many directors will wince at the prospect of an audit, seeing it as a necessary evil to meet statutory obligations.
FRC Proposes Major Overhaul of Auditing Standards
In a bold move, the Financial Reporting Council (FRC) has unveiled proposed changes to auditing standards that could have a major impact on the financial world, according to chartered accountants and business advisors Whitley Stimpson.
From this author
Overview of Digital Services Tax (DST)
The UK’s Digital Services Tax (DST) came into operation on 1 April 2020. This tax is designed to ensure that the major social media, search engine and online retailers are subject to a 2% tax on revenues generated from the participation of UK users of their services.
HMRC agree delay in tax return deadline
HMRC has announced that late filing penalties will be waived for taxpayers that file their 2020-21 Self-Assessment returns by 28 February 2022.
Are you registered for Making Tax Digital for VAT?
Making Tax Digital (MTD) for VAT is to be extended to cover businesses with a turnover below the VAT threshold from April 2022.