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Useful resources
Deadlines, guides and practical information, all in one place
Deadlines, guides and practical information, all in one place
π
Fiscal calendar
π
Fiscal calendar
- VAT (Return & Payment): one month and 7 days after the end of the period (monthly or quarterly)
- Self Assessment: 31 January (online) for the previous fiscal year; payments on account β 31 January and 31 July
- Corporation Tax: payment within 9 months and 1 day from the end of the accounting period; annual return β within 12 months.
π We keep track of deadlines for you and send you reminders to avoid penalties.
π Practical guides
- How to register for VAT in the UK β the threshold is Β£90,000, but you can also register voluntarily.
- Simplified Self Assessment β ββwhen you are self-employed, you must file your annual return even if you have no profit.
- Corporation Tax β LTD companies must file their returns and pay their taxes regardless of profit or loss.
π‘ If you need step-by-step help, contact us and we'll explain the entire process to you.
π‘ If you need step-by-step help, contact us and we'll explain the entire process to you.
β Frequently Asked Questions (FAQ))
β Frequently Asked Questions (FAQ))
β‘οΈHow do I get my UTR (Unique Taxpayer Reference)?
β‘οΈHow do I get my UTR (Unique Taxpayer Reference)?
- After registering as self-employed with HMRC, you will receive your UTR code by post within 10β14 working days.
β‘οΈ Do I need an accountant if I use invoicing software?
β‘οΈ Do I need an accountant if I use invoicing software?
- Yes, because the software does not check compliance with the legislation and does not file returns for you.
β‘οΈ What documents do I need to keep for VAT?
β‘οΈ What documents do I need to keep for VAT?
- Invoices issued and received, digital registers and bank statements β minimum 6 years.
β‘οΈ Can I deduct expenses if I work from home?
β‘οΈ Can I deduct expenses if I work from home?
- Yes, certain expenses (energy, internet, partial rent) can be deducted, but they must be calculated correctly.
β‘οΈ If I am self-employed, do I have to file an annual return?
β‘οΈ If I am self-employed, do I have to file an annual return?
- Yes. Regardless of profit or loss, the return must be filed.
β‘οΈ What happens if I miss a deadline?
β‘οΈ What happens if I miss a deadline?
- HMRC applies penalties and interest.
π Do you need personalized help?
π Contact the Naxe Accounting & Payroll team β we will respond within 24 hours.
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