Expired deadlines

14 Apr 2015

  • EC sales list

    Deadline for paper monthly or quarterly return filing.

  • CT61 payment

    Due date for income tax for the CT61 period to 31 March 2015.

07 Apr 2015

  • VAT return

    Due date for February VAT returns unless exempted.

06 Apr 2015

  • Pensions

    First day to make a contribution to qualify for tax relief in 2015/16. The annual allowance is currently £40,000 and the limit on the amount that can be invested into a registered pension scheme is £1,250,000.

  • ISAs

    First day to use the 2015/16 ISA investment limit of £TBA (cash maximum of £TBA).

  • Tax bands and exemptions

    Basic rate limit reduces to £TBA. The higher rate band now applies to taxable income from £TBA to £150,000. Capital gains tax annual exemption increases to £TBA.

  • Start of new tax year

    First day of the 2015/16 tax year.

  • Non-domiciles remittance basis

    New £90,000 annual charge applies for those who have been resident in the UK for at least 17 of the last 20 years. At the same time the £50,000 charge for those resident in the UK for 12 of the last 14 years increases to £60,000.

  • National insurance

    Abolition of national insurance for under-21s.

  • Company car tax

    Company car tax: 13% (16% for diesel cars). The company car tax band now starts at 76 g/km. This applies to cars with CO2 emissions up to 94 g/km.

  • Personal allowances

    Personal allowance increases from £10,000 to £10,600.

05 Apr 2015

  • Inheritance tax

    Last day to utilise 2014/15 inheritance tax exemptions.

  • National insurance

    Last day to claim exception from Class 1 NICs for 2015/16 where the same earnings are subject to Class 1 contributions.

  • Pensions

    Last day to make a contribution to qualify for tax relief in 2014/15.

  • End of tax year

    Last day of 2014/15 tax year.

  • Capital gains tax

    Last day to use the 2014/15 capital gains tax exemption of £11,000.

01 Apr 2015

  • Corporation tax payment

    Due date for payment of corporation tax for year ended 30 June 2014, for those companies not liable to pay their liability by instalments.

  • Reduction in corporation tax

    Main rate reduces from 21% to 20%.

  • Diverted profits tax

    This commences at a rate of 25% of diverted profits.

  • Children’s television

    New tax relief at 25% on qualifying core expenditure for qualifying TV programmes.