Every business has important dates to remember!
VAT Quarterly (or Monthly), filed one month and 7 days later paid by one month and 10 days later
PAYE/CIS Monthly – tax period to 5th of the month, filed by 19th paid by 22nd (you should remember monthly tasks without reminders)
RTI/FPS/EPS everytime you pay employees (you probably don’t need to be reminded to do this)
Company Accounts – due 9 months after year end, corporation tax payable 9 months and 1 day after year end
Self Assessment payments on account in January and July
Annual Returns on the 12 month anniversary of when the company started
HMRC and Companies House apply tough penalties for filing late!
Its a common problem area, the fine comes in and then accountant and client blame each other
Its easy to understand how very large accounting practices simply lose track of when things need to be…
View original post 186 more words