What Happens

Who is affected

April 2016 Tax Returns sent out.  Most People.
by 19 May 2016 Completed P35 and P14s must be received by HMRC. All Employers.
by 31 May 2016 P60s issued, providing details of your taxable
pay and tax paid for 2015/16.
All employees. Pensioners who receive an income from previous employers pension scheme or private pension plan.
by 6 July 2016 P11Ds issued, providing details of your taxable fringe benefits and expenses for tax year. Employees earning £8,500 or more, and Directors. To arrive at the starting figure of £8,500 remember to include any receiving fringe benefits and/or expenses paid to you.
31 July 2016 2nd payment on account for 2015/16 tax year due. Taxpayers who make payments on account.

30 Sep 2016

Completed tax returns to tax office. Those who want the Inland Revenue to calculate their tax. Also those who want underpayments of tax (up to £3000) collected via PAYE.
5 October 2016 Advise tax office of new untaxed income or change of status. Those who start to receive untaxed income during 2016/17 tax year or who have changed from employed to self-employment.
31 January 2017 Final deadline for sending back your tax return & paying any outstanding tax due for 2015/116. Everyone who receives a tax return before 31 July 2016.
First payment on account for  2016/17 tax year. Taxpayers who make payments on account
Revenue must tell you by now if it intends to start an enquiry into your 2011/2012 tax return. Taxpayers who may have a problem on their returns picked at random by the tax office.
28 February 2017 5% surcharge applied. Everyone who was due to pay tax on 31 Jan 2016 but failed to do so.


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Site updated: 19 February 2016