Tax Deadline Dates for October 2020: A Useful Guide

We do not mean to scare you, but its October…Boo! At this time of year, we always preferer treats over tricks so here is a treat for you, our handy guide for important dates for tax deadlines in the UK and Ireland this October.

HMRC UK

1st October 2020

Personal Income Tax Statements sent out to 24 million Taxpayers. Since October 2014, HMRC has been sending out an Annual Tax Summary for the previous tax year (so for this year it will be PAYE income earned between April 6th, 2019 and April 5th, 2020).

The statement will include tax and spending summaries for people taxed via the pay as you earn system – including those with more than one employment.

5th October 2020

Capital gains deadline for non-self-assessment. Final day to notify of liability for income tax or capital gains tax for 2019/2020 if you are not registered for self-assessment. You will need to complete form CWF1 for self-employment or form SA1 for non self-employed income, or form SA401 for partners.

19th October 2020

PAYE and Class 1 quarterly cheque payment to be cleared. Any outstanding cheque payment for PAYE and Class 1 NICs must be with HMRC Accounts Office.

Deadline for receipt of the contractor’s monthly return. Whether submitted via paper, electronically or over the telephone (nil return).

22nd October 2020

PAYE and Class 1 quarterly electronic payment to be cleared. Any outstanding electronic payment for PAYE and Class 1 NICs must be in HMRC’s bank account.

31st October 2020

Paper Self-Assessment Tax Return 2019/2020 Deadline. Final day for paper submissions of your tax return for income for the tax year ending 5 April 2020

 

Revenue Ireland

14th October 2020           

PAYE/Pay Related Social Insurance (PRSI)/Universal Social Charge (USC)/Local Property Tax (LPT): Monthly return and payment for September 2020 (payment date is extended to 23rd for ROS users who file and pay online)

Quarterly return and payment for July – September 2020 (23rd for ROS users who file and pay online)

Dividend Withholding Tax (DWT): Return and payment of DWT for September 2020

Professional Services Withholding Tax (PSWT): F30 monthly return and payment for September 2020

19th October 2020           

Value-Added Tax (VAT): Monthly VAT 3 return and payment (if due) for the period September together with a Return of Trading Details where the VAT accounting period ends in September

VAT: Annual VAT 3 return and payment (if due) for the period October – September together with a Return of Trading Details where the VAT accounting period ends in September

20th October 2020           

VAT: MOSS VAT return and payment (if due) for the period July – September 2020

1st – 23rd October 2020    

Corporation Tax: PT for APs ending between 1-30 November 2020

Corporation Tax: Returns for APs ending between 1-31 January 2020

Corporation Tax: Pay balance due on APs ending between 1-31 January 2020

23rd October 2020            

Relevant Contracts Tax (RCT): RCT monthly return and payment (if due) for September 2020

RCT: RCT quarterly return and payment (if due) for period July – September 2020

1st – 30th October 2020   

Corporation Tax: Returns of Third-Party Information for APs ending between 1-31 January 2020

31st October 2020             

Income Tax: Preliminary Tax 2020

Income Tax: Pay balance of 2019 tax liability

Income Tax: Return of income for 2019

Capital Gains Tax: Return of Capital Gains for 2019

Capital Acquisitions Tax: Return and payment of CAT due in respect of gifts/inheritances where the valuation date arises between 1 September 2019 and 31 August 2020

All information on dates is sourced directly from Revenue Ireland’s and HRMC’s websites and published by Intelligo for informative purposes only. For more details or with any queries on these dates, please contact these bodies directly.