On the Accounting Horizon
Here’s some of the key Accounting and Tax dates for 2022:
| DATE | EVENT |
| 31st January 2022 | Deadline for filing and paying Self-Assessment Tax Returns for tax year ending 5th April 2021, avoiding interest on overdue payments |
| Deadline for filing 2020/21 Capital Gains Tax (CGT) | |
| Balancing payment of tax due for 2019-20 | |
| First payment on account for Income Tax for 2021/22 | |
| 28th February 2022 | New deadline for filing and paying Self-Assessment Tax Returns avoiding late payment penalties, but NOT interest on overdue payments |
| 23rd March 2022 | Spring Budget |
| 1st April 2022 | Making Tax Digital for VAT becomes mandatory |
| Deadline for making a ‘Time to Pay’ arrangement with HMRC for payments from tax year ending 5th April 2021 | |
| 5th April 2022 | 2021/22 Tax Year Ends |
| 6th April 2022 | 2022/23 Tax Year Begins |
| IR35 in the private sector comes into force | |
| 19th April 2022 | Automatic interest is charged where PAYE Tax, Student Loans, Class 1 NI or CIS deductions are not paid on this day |
| Deadline for employers’ final PAYE return to be submitted online for 2020/21 |
If you require any assistance meeting any of the deadlines listed here, please call us on 01384 376964
Folkes Worton – Accounting for the Future