April key tax dates
Fixed quotes for agreed services ››Newsletter issue – April 2023
5 - Last opportunity to utilise income tax personal allowances, annual ISA allowances, and exemptions for CGT and IHT for 2022/23.
Last day to claim exemption from Class 4 NIC for 2022/23 where earnings are also subject to Class 1 NIC.
Final day for claims for 2018/19 relating to personal allowances, remittance basis, terminal loss relief, overlap relief, carry-forward of trading losses, and capital losses.
The deadline to claim an asset became of negligible value or loan to a trader became unrecoverable in 2020/21.
11 - Last day to set up a variable direct debit to pay PAYE for payment this month.
19 - Employers must make the final RTI payroll report for 2022/23 using FPS or EPS.
22 - PAYE, NIC, and student loan deductions are to be paid to HMRC by electronic means for the month of 5 April 2023, unless the employer has set up a direct debit so HMRC can collect the amounts due.
30 - Daily £10 late filing penalties start to apply to outstanding 2021/22 self-assessment returns.
Any IHT due on lifetime transfers between 6 April and 30 September 2022 is due.
ATED returns and ATED relief declarations must be filed for 2023/24. The ATED charge must be paid for 2023/24.
Booking a free initial consultation is a cost-free way of making an initial enquiry to find out if we can help with your tax issue and is all part of the commitment to you.
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