Tax Calendar: Important Dates & Deadlines June - July - August 2021

*Please note the information in this article may be out of date

Now updated with June, July and August dates. Here is a list of important tax dates and deadlines for the coming months.

Tue, 01 Jun 2021

June 2021

• 1st New Fuel Rates (AFR) come into action for those using Company Cars
• 4th Annual Declaration packs (tax credit renewals) have been sent out, if you did not receive yours contact the tax credit helpline on 0345 300 3900.

Below dates are relevant for Employers / Businesses only

• 7th Deadline for VAT returns and payments of Accounting Quarter period ending 31 April 2021
• 19th (21st if paid electronically) -PAYE, Nat Ins, Student Loan & CIS monthly deductions due.

July 2021

• 6th Deadline to "make good" any non- payrolled Benefit in Kind (BIK) liability with Employer, from using a company car etc. This reduces an employee’s taxable earnings and the value on which Class 1A National Insurance contributions (NICs) are payable. Payments made after the 6th July will not be taken into account when calculating the tax due on the benefit.
• 31st The Second payment on a/c due 2020/21
• 31st Annual Declaration (renewal of tax credits). You must return your Tax Credit pack forms to HMRC by this date. More Info
• 31st Last day to pay any tax owing on 2019/20 Self Assessment before 1st August (when it is 6 months late) = £300 fine or 5% of the tax owing, which ever is greater.

Below dates are relevant for Employers only

• 5th Last date to agree PAYE settlements with HMRC for 2020/21 if any owing.
• 6th Employers must inform HMRC of any new employee share incentive schemes , or report on existing ones, by this date. Any resulting changes to employee tax credits must be reported. Once a share scheme has been registered, even if there are no share events to report, a nil return is still required to be made each year before the deadline. Fines apply when returns are missed- a minimum of £100 per return. More here.
• 6th Forms 9D, 11D and 11D(b) to do with employees benefits and expenses, to be returned by this date and a copy given to each employee.
• 7th Deadline for VAT returns and payments of Accounting Quarter period ending 31 May 2021.
  
• 19th (21st if paid electronically) Class 1A Nat. Ins for 2020/21 (form 11D returned by 6th of this month- employees benefits) due to be paid.
• 19th (21st if paid electronically) PAYE, Nat. Ins.,Student Loan & C.I.S. Monthly deductions due.
• 19th, (21st if paid electronically) 2nd quarter PAYE/Nat. Ins. payments due for period 6th April to 5th July 2021.

August 2021

• August 2nd Second 5% charge on any unpaid tax owed on 2019/20 Self Assessment Return, plus a further £300 fine or 5% of the tax owing (which ever is greater), for those who still have not submitted their return.

Below dates are relevant for  Employers only

• August 2nd Deadline to notify HMRC of changes to employees car/fuel benefit (P46) from previous quarter.
• 7th Deadline for VAT returns and payments of Accounting Quarter period ending 31 June 2021
• August 19th (22nd  if paid electronically) PAYE, Nat. Ins.,Student Loan & C.I.S. Monthly deductions due.

30th Bank Holiday Monday

If there are any relevant tax dates we are not presently including in our tax calendar, please feel free to contact us to request their inclusion.