Tax admin deadlines – April 2013

1 April

• Payment of corporation tax liabilities for small/medium-sized companies account period ended 30 June 2012.
• Reduction in main rate of corporation tax to 23%.
• Change to emission thresholds for business cars.
• Reclaim 2011/12 Class 1 NICs paid incorrectly because income has been recategorised as self-employment.
• Application to defer Class 2 or 4 NICs for 2011/12 or claim exception for 2012/13.
• Multiple contractors to advise HMRC that they wish to be treated as a single contractor for 2013/14.
• Aggregates levy dues to increase to £2.10 per tonne.

5 April

• 2012/13 tax year-end.
• Ensure personal allowances, exemptions and tax bands are efficiently used.
• Deadline to pay previously unpaid Class 3 NICs for 2006/07 if required.
• Have ISA allowances been used?
• Have capital gains tax annual exemptions been used?
• Have inheritance tax exemptions been used?

6 April

• Start of 2013/14 tax year. Ensure payroll and other systems are updated.
• Real-time information to be used for PAYE by most employers.
• Enterprise investment scheme and venture capital trust scheme thresholds are increased.
• Pensions lifetime allowance reduces to £1.5m.
• Non-domicile tax charge increases from £30,000 to £50,000.
• Personal allowances increase, basic rate limit reduced.
• Luncheon vouchers are no longer exempt from income tax and NICs.
• Student loan income threshold increases to £21,000.

7 April

• Due date for electronic filing and payment of VAT for quarter ended 28 February 2013.

14 April

• Forms CT61 for quarter ended 31 March 2013.
• Monthly EC sales list deadline.

19 April

• Payment of PAYE/CIS liabilities for month ended 5 April 2013.
• Payment of PAYE liability for quarter ended 5 April 2013 if average monthly liability is less than £1,500.
• Payment of any balance of PAYE/CIS liability 2012/13. Payments for 2012/13 paid later will be subject to interest.
• File monthly CIS return.

21 April

• EC sales list online filing deadline.

22 April

• Final date for electronic payments to clear HMRC’s bank account for PAYE/Class 1 NICs for year ending 5 April 2013.

23 April

• Interest starts to accrue on unpaid 2011/12 PAYE.

30 April

• Companies House should have received accounts of private companies with 31 July 2012 year end and public limited companies with 31 October 2012 year-end.
• HMRC should have received CTSA returns for companies with accounting periods ended 30 April 2012.
• HMRC should have received VAT returns and payment for quarter ended 31 March 2012.
• VAT partial exemption calculations.

Issue: 4393 / Categories: For Action , Admin