February Key tax dates

Newsletter issue – February 2023

1 - Individual taxpayers who have not paid their remaining tax and NI liabilities for 2020/21 by this date face a further penalty of greater than 5% of the tax showing as due on the return.

Individual taxpayers who have not filed their 2020/21 self-assessment tax return by this date face a further penalty of the greater of £300 and 5% of the tax showing as due on the return.

2 - Employers must submit Form P46 (Car) to report cars first provided to employees during the quarter to 5 January 2023.

14 - Last day for employees to apply for deferment of primary class 1 NIC for 2022/23.

February Key tax dates

The word accounting comes from the word accountability. If you are going to be rich, you need to be accountable for your money.

February Key tax dates