Small business deadlines vary depending on whether you are a sole trader, limited company, employer or VAT registered business. Missing a deadline can create penalties, interest and unnecessary stress.
Self Assessment deadlines
Sole traders, partners and many directors need to understand Self Assessment filing and payment dates.
- Online filing deadline
- Tax payment deadline
- Payments on account where relevant
VAT deadlines
VAT registered businesses usually submit returns based on their VAT periods. The deadline depends on the return period and payment method.
- Know your VAT quarters
- Submit through MTD-compatible software
- Set VAT money aside monthly
PAYE deadlines
Employers have payroll submission and payment responsibilities. These need a regular payroll routine.
- RTI submissions
- PAYE and NI payments
- Pension contribution deadlines
Limited company deadlines
Limited companies deal with Companies House and Corporation Tax deadlines as well as bookkeeping and payroll.
- Accounts filing deadline
- Confirmation statement deadline
- Corporation Tax payment and return dates
How bookkeeping helps
Clean monthly records make deadlines easier because the information is ready before the due date.
- Use a deadline calendar
- Reconcile monthly
- Send records to your accountant early
Key takeaway
The best deadline strategy is not remembering dates. It is keeping records ready before the dates matter.
