The 2007/08 tax year ends on 5 April 2008 and this also brings a number of employer-related deadlines for submitting documents to HMRC.
|
19 April 2008
|
Last date to pay PAYE contributions for the 2007/08 tax year, by cheque, without having to pay interest. Electronic payments are due by 22 April. |
|
19 May 2008
|
Submission of P35 (employer's annual return of employees' tax and Nl deductions) and P14s (summary of each employee's pay and deductions).
|
|
31 May 2008
|
Last day to distribute P60s to employees who were working for the employer on 5 April 2008.
|
|
6 July 2008
|
Submission of a summary of benefits paid to employees on the forms PUD and P11D(b).
|
|
19 July 2008
|
Class 1A National Insurance due on benefits in kind by cheque. Electronic payments are due by 22 July.
|
Filing online
If you are a small business - defined by HMRC as having fewer than 50 employees - and you file your P35 online, HMRC will pay you £100 tax-free for doing so. You usually claim this back by reducing your next monthly PAYE payment.
