This deadline is relevant to employers who provide any employees with the use of a car. The form P46 (car) only needs to be completed where a car is first provided or an additional car is provided, or an employee ceases to have the use of a car without replacement. The completion of the form enables HMRC to amend the individual’s coding notice to reflect the change in benefit. This notification may be made by completing and printing off the relevant by paper or online forms.
Where one car is merely replaced with another, this may be notified online.
A change in car for car benefits which are being ‘payrolled’ should not be reported on a P46(car).
This deadline is relevant to employers who have made PAYE deductions from their employees’ salaries and to contractors who have paid subcontractors under the CIS.
Employers are required to make payment to HMRC of the income tax, national insurance and student loan deductions. Contractors are required to make payment to HMRC of the tax deductions made from subcontractors under the CIS.
Where the payment is made electronically the deadline for receipt of cleared payment is 22nd August 2019. In year interest will be charged if payment is made late. Penalties also apply.
This deadline is relevant to businesses who file a quarterly VAT returns. These businesses will be required to file their VAT returns for the first time under the new Making Tax Digital (MTD) for VAT rules.
Businesses are required to submit their first quarterly returns through MTD functional compatible software.
VAT payment also needs to reach HMRC by this date, unless payment is made by direct debit in which case payment is due by 10th August 2019.
Penalties – default surcharge will continue to apply on late payment or late submission of VAT returns.
Deferrals – A small number of VAT registered businesses with more complex requirements have been deferred until 1st October 2019. Businesses who fall into one of the following categories: ‘trusts, ‘not for profit’ organisations that are not set up as a company, VAT divisions, VAT groups, those public sector entities required to provide additional information on their VAT return (Government departments, NHS Trusts), local authorities, public corporations, traders based overseas, those required to make payments on account and annual accounting scheme users’ have been deferred.
If we complete the VAT return on your behalf, you need take no action.