Don’t Miss These Crucial Dates
As we head into the new year, January brings several critical HMRC deadlines that businesses and self-employed individuals need to prepare for. Here’s your essential guide to staying compliant:
January 31st: The Big Deadline
- Self Assessment tax returns must be submitted online by 11:59pm
- Payment required for:
- Balancing payment for 2024/25 tax year
- First payment on account for 2025/26 tax year
VAT Returns
For quarterly VAT returns, the January deadline is:
- January 7th, 2026 (for period ending 30th November 2025)
Remember: Your VAT return is due 1 month and 7 days after the end of your VAT quarter. Check your VAT certificate for your specific quarter dates.
PAYE and National Insurance
- January 19th: Postal PAYE and NI payments must be received by HMRC
- January 22nd: Electronic PAYE/NI payments must clear HMRC’s account
Construction Industry Scheme (CIS)
- January 19th: Monthly CIS returns due for December tax period
- January 22nd: CIS deduction payments must reach HMRC
Planning Ahead for Success
Don’t leave it until the last minute. Consider:
- Setting up a payment plan with HMRC if you’re struggling to meet tax obligations
- Gathering all necessary documents, receipts, and records now
- Double-checking all calculations before submission
- Using accounting software to stay organised throughout the year
Need Expert Support?
Forest Bookkeeping in Rushden, Northants, provides comprehensive bookkeeping and accounts services to help you stay compliant and stress-free. Whether you need assistance with Self Assessment, VAT returns, PAYE, CIS, or ongoing bookkeeping support, our experienced team is here to help.
Contact us today on 01933 213223 to ensure you meet these crucial deadlines without the worry.
Remember: Late submissions result in automatic penalties – a £100 fine for Self Assessment applies even if you don’t owe any tax. Don’t risk unnecessary charges – get in touch now to start 2026 on the right foot.