tax calendar

Date	What Happens	Who is affected
April 2007	Tax Returns sent out.	Most People.
by 19 May 2007	Completed P35 and P14s must be received by HMRC.	All Employers.
by 31 May 2007	P60s issued, providing details of your taxable pay and tax paid for 2005-2006.	All employees. Pensioners who receive an income from previous employers pension scheme or private pension plan.
by 6 July 2007	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 2007	2nd payment on account for 2005-2006 tax year due.	Taxpayers who make payments on account.
30 Sep 2007	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 £2000) collected via PAYE.
5 October 2007	Advise tax office or new untaxed income or change of status.	Those who start to receive untaxed income during 2006-20067tax year or who have changed from employed to self-employment.
31 January 2008	Final deadline for sending back your tax return & paying any outstanding tax due for 2005-2006.	Everyone who receives a tax return before 31 July 2007.
	First payment on account for 2006-2007 tax year.	Taxpayers who make payments on account
	Revenue must tell you by now if it intends to start an enquiry into your 2005-2006 tax return.	Taxpayers who may have a problem on their returns picked at random by the tax office.
28 February 2008	5% surcharge applied.	Everyone who was due to pay tax on 31 Jan 2008 but failed to do so.