Tax calendar: April 19th 2020 Deadlines

Automatic interest is charged where PAYE tax, Student loan deductions, Class 1 NI or CIS deductions for 2019/20 are not paid by today. Penalties may also apply if any payments have been made late throughout the tax year.

This deadline is relevant to employers who have made PAYE deductions from their employees’ salaries and to contractors who have paid subcontractors under the CIS.

Sunday 19 PAYE quarterly payments are due for small employers for the pay periods 6th January 2020 to 5th April 2020

This deadline is relevant to small employers and contractors only. As a small employer with income tax, national insurance and student loan deductions of less than £1,500 a month you are required to make payment to HMRC of the income tax, national insurance and student loan deductions on a quarterly basis.

Postal payments for month/quarter ended 5 April should reach your HMRC Accounts Office by this date.

Where the payment is made electronically the deadline for receipt of cleared payment is 22nd April 2020. In year interest will be charged if payment is made late. Penalties also apply.

Sunday 19 PAYE, Student loan and CIS deductions are due for the month to 5th April 2020

This deadline is relevant to employers who have made PAYE deductions from their employees’ salaries and to contractors who have paid subcontractors under the CIS.

Employers are required to make payment to HMRC of the income tax, national insurance and student loan deductions. Contractors are required to make payment to HMRC of the tax deductions made from subcontractors under the CIS.

Postal payments for month/quarter ended 5 April should reach your HMRC Accounts Office by this date.

Where the payment is made electronically the deadline for receipt of cleared payment is 22nd April 2020. In year interest will be charged if payment is made late. Penalties also apply.

Sunday 19 Deadline for employers’ final PAYE return to be submitted online for 2019/20

This deadline is relevant to employers.

This is the last day by which your final Full Payment Summary (FPS) for the 2019/20 tax year should be sent to HMRC.

You will not be able to file an FPS relating to 2019/20 after 19th April. If you need to make an amendment or correction to the details reported on a 2019/20 FPS you will need to submit an Earlier Year Update (EYU).

Please be aware that if we deal with the payroll on your behalf that we will ensure that this matter is dealt with on a timely basis.

If you wish to discuss any of this further please get in touch, 0116 2423400 or info@torrwaterfield.co.uk

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