Business Tax Return Extension Deadline 2025 Lok. Why CPA need Outsourcing Tax Preparation Services? Sometimes referred to as the fiscal year, the tax year is the 12-month period that governments use to assess and manage the taxation of individuals, including employees, directors, shareholders, and the self-employed. As a sole trader, you'll pay your income tax and National Insurance liabilities in two stages, known as payments on account.These are payments in advance towards your tax bill
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As a sole trader, you'll pay your income tax and National Insurance liabilities in two stages, known as payments on account.These are payments in advance towards your tax bill 31 January 2025- balance of any tax for year 2023/24 is due; 31 January 2025 - first payment on account of tax for year 2024/25 is due ; 31 July 2025- second payment on account of tax.
Filingataxextensionblogmain The Official Blog of TaxSlayer
6 April - Start of the 2026/27 tax year, bringing updated tax rates and possible reforms However, if you receive a notice from HMRC that you must file a tax return after 31 July 2025, you'll need to send back the completed form within three months of the date issued on the notice This is when all online filings, tax payments for the previous year, and the first payment on account for the 24-25 tax year are due
Business Tax Return Extension Deadline 2025 Claire Berenice. 31 July 2025: Due date for the second payment on account for the 2024/25 tax year Paper Self Assessment tax return to be submitted following the end of the tax year 2024/25: 30 December 2025: Deadline to submit your tax return online to be able to pay your outstanding tax bill through your PAYE tax code if you qualify: 31 January 2026: Online Self Assessment tax return to be submitted following the end of the tax year 2024/25
Filingataxextensionblogmain The Official Blog of TaxSlayer. The first important date business owners should be aware of is midnight on 31st January 2025 Key dates for UK business owners in 2025, including Self Assessment, new tax year measures, changes to company law, and company deadlines.