Main Due Dates for Tax Payment
Income Tax and Capital Gains Tax – Self-Assessment
| 31 January in tax year: |
Normally 50% of previous year's income tax, less tax deducted at source |
| Following 31 July: |
| Following 31 January: |
Balance of income tax and all CGT |
Inheritance Tax
| On death: |
Normally 6 months after month of death |
| Lifetime transfer 6 April-30 September: |
30 April in following year |
| Lifetime transfer 1 October-5 April: |
6 months after month of transfer |
Corporation Tax
| Self-Assessment: 9 months after end of accounting period |
| Payable by instalments where profits are £1.5m or over. Normally payable in 7th, 10th, 13th and 16th months after start of accounting period |
| Growing companies: no instalments where profits are £10m or less and the company was not a large company for the previous year |
