An overview of key tax year dates for 24/25

Knowing key tax dates for the year can really come in handy. It helps you stay organised and avoid those pesky penalties and fines from the tax man. Plus, it gives you plenty of time to prepare your tax documents and file your taxes without feeling rushed or stressed out.

By keeping up with these important dates, you can also take advantage of tax-saving opportunities like making contributions to retirement accounts or claiming deductions before the deadlines. So don't forget to mark your calendar and stay informed, it'll save you a lot of hassle and keep your finances in order.

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Self-assessment tax return dates 2024/2025

5 April 2024

2023/24 tax year ends

6 April 2024

2024/25 tax year begins

31 July 2024

Second Payment on Account (POA) for Income Tax for 2023/24

5 October 2024

Deadline for Self Assessment registration to notify chargeability of Income Tax/Capital Gains Tax for 2023/24

19 October 2024

Deadline for postal payments of CIS, Class 1 B NICs and PAYE to HMRC

22 October 2024

Deadline for electronic remittance of CIS, Class 1 B NICs and PAYE to HMRC

31 October 2024

Deadline for postal submission of Self Assessment tax returns for tax year ended 5 April 2024 to be received by HMRC

30 December 2024

Deadline for online submission of Self Assessment tax returns for tax year ended 5 April 2024

31 December 2024

Due date to file company accounts with Companies House for limited companies with 31 March 2024 year end

14 January 2025

Income tax due date for CT61 period to 31 December 2024. Deadline for filing Self Assessment Tax Returns for tax year ended 5 April 2024 and 2023/24 Capital Gains Tax.

31 January 2025

Balancing payment of tax due for 2023/24 and first Payment on Account for Income Tax for 2024/25

5 April 2025

2024/25 tax year ends

6 April 2025

2025/26 tax year begins

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Deadlines for submitting VAT returns 2024/25

The deadline for submitting your return is 1 month and 7 days after the end of the VAT period, whether you pay your VAT monthly or quarterly.

7 April 2024

Deadline for VAT returns and payments of Accounting Quarter period ending 28 February 2024

7 May 2024

Deadline for VAT returns and payments of Accounting Quarter period ending 31 March 2024

7 June 2024

Deadline for VAT returns and payment Accounting Quarter period ending 30 April 2024 if filed online

7 July 2024

Deadline for VAT returns and payments of Accounting Quarter period ending 31 May 2024

7 August 2024

Deadline for VAT returns and payments of Accounting Quarter period ending 30 June 2024

7 September 2024

Deadline for VAT returns and payments of Accounting Quarter period ending 31 July 2024

7 October 2024

Deadline for VAT returns and payments of Accounting Quarter period ending 31 August 2024

7 November 2024

Deadline for VAT returns and payments of Accounting Quarter period ending 30 September 2024

7 December 2024

Deadline for VAT returns and payments of Accounting Quarter period ending 31 October 2024

7 January 2025

Deadline for VAT returns and payments of Accounting Quarter period ending 30 November 2024

7 February 2025

Deadline for VAT returns and payments of Accounting Quarter period ending 31 December 2024

7 March 2025

Deadline for VAT returns and payments of Accounting Quarter period ending 31 January 2025

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PAYE tax rates & thresholds 2024/25

• Employee Personal Allowance: £12,570

• Basic Rate Tax Band: 20% on income between £12,571 and £50,270

• Higher Rate Tax Band: 40% on income between £50,271 and £150,000

• Additional Rate Tax Band: 45% on income above £150,000

• The standard tax code for 2023/24 is 1250L