TAX DEADLINE – 31 JANUARY 2021

Written by yasiradnan94
20 January 2021

The most pressing tax deadline for now is the main filing and payment deadline, of 31 January.

This date marks the final day for you to file your 19/20 self-assessment tax return, and settle your tax for that period. If applicable, you will also need to pay the first tax payment on account.

Self-assessment covers the following main areas:

  • self-employed profits
  • profit from rental property
  • sales or purchases for Capital Gains Tax
  • dividend income and expenses
  • all other income that has not been taxed through PAYE

If you have not yet completed yours then are only a few days to take action. An accountant may be able to speed up the process for you, with their knowledge and in-house systems. There are various ways to pay your tax bill and details can be found here.

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