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Our objective is to protect value and reduce tax complexity through innovative planning

Some key Dates – Employment Taxes

1st October 2011

From this date the National Minimum Wage increases as follows:
  • 16 –17 year olds - £3.68
  • 18 - 20 year olds - £4.98
  • 21 + year olds - £6.08

19th October 2011

Payment due in respect of 2010/2011 PAYE Settlement Agreement (P.S.A)

2nd November 2011

Electronic submission deadline for forms P46 for quarter to 5th October 2011

2nd February 2012

Electronic Submission deadline for forms P46 car for quarter to 5th January 2011

5th April 2012

Deadline by which to agree PAYE Settlement Agreement, for year commencing 6th April 2012
, with HMRC to ensure Class 1B National Insurance Treatment

19th April 2012

Deadline for payment of any outstanding PAYE and National Insurance to reach H M Revenue and Customs for year ended 5th April 2012

22nd April 2012

Deadline for electronic payment of any outstanding PAYE and National Insurance to reach H M Revenue and Customs for year ended 5th April 2012

3rd May 2012

Electronic Submission deadline for forms P46 car for quarter to 5th April 2012

19th May 2012

Deadline for forms P35 and P14 (End of year PAYE returns) for the year ended 5th April 2012 to reach H M Revenue and Customs

31st May 2012

Date by which to send forms P60 to each employee who was working for you at 5th April 2012

5th July 2012

Deadline date by which to apply for a PAYE settlement Agreement to H M Revenue and Customs for the year ended 5th April 2012

6th July 2012

Deadline date for:
  • Submission of P11D, P9D, P11D(b) For tax year ended 5th April 2012
  • Filing 2011/2012 Taxed Award Scheme returns
  • Providing a copy of form P11D or P9D to relevant employers for year end 5th April 2012
  • Notifying third parties of benefits provided to them
  • Notifying H M Revenue and Customs of any reportable termination “payments” made in the year ended 5th April 2012
  • Reporting benefits provided under Employer Financed Retirement BenefitsScheme’s
  • Reporting on H M Revenue and Customs approved share option plans and on employment related securities and options (reportable events) for the year ended 5th April 2012

19th July 2012

Payment date for Class 1A National Insurance for the year ended 5th April 2012

22nd July 2012

Payment date for Class 1A National Insurance for the year ended 5th April 2012, where the payment is made electronically

2nd August 2012

Electronic Submission deadline for forms P46 car for quarter to 5th July 2012