The following are some of the more common tax deadlines coming up in August.
VAT
If your VAT quarter end is 31 July, you need to submit your return by 31 August (paper) or 7 September (online). Your payment is usually the same as the due date for your return. More information on deadlines can be found here. Details of how to pay your VAT are here.
Companies
If your company year end is 30 November 2010, you need to file your abbreviated accounts with Companies House by 31 August 2011.
Also, any corporation tax is payable by 1 September 2011. Details of how to pay are here.
Employers
If you pay your PAYE monthly, the payment for m/e 5 August 2011 is due by 19 August 2011. If you pay by cheque, the payment needs to be with HMRC by 19 August. Details of how to pay are here.
Income Tax
If you pay personal income tax and are caught under the 'payment on account' system, the second payments for the 2011 tax year were due by 31 July 2011. Details of how to pay are here.
Payment deadlines can be tight and increasingly HMRC are levying penalties for late payment, so we advise giving yourself a few days grace.
