That month again

You must file your 2022/23 Self Assessment tax return by 31 January 2024, and pay any remaining tax and Class 4 National Insurance, plus your Class 2 National Insurance, for 2023/24 by this date. If you need to make payments on account for your 2023/24 tax bill (which will be the case if your tax and Class 4 National Insurance bill for 2022/23 is at least £1,000 and you do not pay at least 80% of your tax by deduction at source (for example, under PAYE)), you must also make your first payment on account for 2023/24 by 31 January 2024.

Companies with a 31 January 2023 year end must ensure that they have filed their company tax return by 31 January 2024.

If your company prepared its accounts to 30 April 2023, you will need to ensure that your accounts are filed at Companies House by 31 January 2024.

 It’s that month again!

Please call if you need help with any of the issues raised in this alert.