February Key tax dates

Newsletter issue – February 2023

1 - Individual taxpayers who have not paid their remaining tax and NI liabilities for 2020/21 by this date face a further penalty of greater than 5% of the tax showing as due on the return.

Individual taxpayers who have not filed their 2020/21 self-assessment tax return by this date face a further penalty of the greater of £300 and 5% of the tax showing as due on the return.

2 - Employers must submit Form P46 (Car) to report cars first provided to employees during the quarter to 5 January 2023.

14 - Last day for employees to apply for deferment of primary class 1 NIC for 2022/23.

Chartered Accountants in Richmond, Surrey, The Hughes Consultancy provides a wide range of business, tax, financial planning and business growth services. All of our clients benefit from competitive pricing, our expertise, and unlimited support. Contact us today to learn how we can support you.

SIGN UP FOR OUR NEWSLETTER