UK Company important deadlines

Managing the finance of two companies - important deadlines to be aware of?

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Hi all - I am currently in the process of sorting out the financial processes of two companies at the moment in a managerial position. Prior to my current role, I was merely told when to start preparing certain bits of information, to which I would consolidate and pass to management accountant.
I was wondering if someone could let me know KEY DEADLINES for certain accountancy tasks, specifically in regards to HMRC/Companies House so I can cross reference with my own list to make sure that I am not missing anything? It would also be interesting to know which other daily/monthly/year-end tasks are being completed by others!
Thanks in advance all.

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By Tim Vane
20th Nov 2018 15:00

Deadline #1: Appoint an accountant, Date: Right away

Remaining deadlines: refer to accountant appointed above.

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paddle steamer
By DJKL
20th Nov 2018 15:19

I suspect the following:

Companies House- 9 months post year end

HMRC- CT600 12 months after Accounting Period with IXBRL accounts

HMRC-Pay CT 9 months and one day after accounting period

Wages- reported in realtime via RTI, submit before each payment to staff.

P11D- think it is still 7th July post PAYE year but would need to check. Any Class IA re same paid by 19th July

Remit PAYE/NI to HMRC- by 19th of month following
each PAYE period ending on the 5th of month

CIS Returns- 19th month following each 5th of month period

Vat Returns- Quarterly, dates depend on quarters, if say 31 March then by 7th May.

Confirmation statement-depends on date last one made up to.

There can be variants re the above.

Edit-banks etc and other lenders-check facility letters.

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Replying to DJKL:
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By newaccountantsf
20th Nov 2018 15:25

Hi DJKL - thank you very much for the information, this is more than helpful, and I am relieved to know I have not missed any. Thanks again

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Replying to newaccountantsf:
paddle steamer
By DJKL
20th Nov 2018 15:42

I could have missed some.

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Replying to DJKL:
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By tom123
20th Nov 2018 15:53

Seemed a fairly good list to me.

Might just add EC sales lists by 21st of following month, Intrastat if required, and paying pension contributions by 19th.

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Replying to tom123:
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By newaccountantsf
20th Nov 2018 16:04

Thank you Tom. I have added the EC sales list. This definitely applies to us!

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Replying to tom123:
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By DJKL
20th Nov 2018 16:09

Have not done an EC list in years though should have remembered AE pensions-my excuse is ours go by direct debit.

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Replying to tom123:
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By paulwakefield1
21st Nov 2018 08:55

Be aware that the EC Sales list deadline is 14 days if submitted on paper. It may be required quarterly or monthly (exceptionally annually) depending on various criteria

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Replying to DJKL:
ALISK
By atleastisoundknowledgable...
20th Nov 2018 17:41

Isn’t PAYE paid by 22nd?

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Replying to atleastisoundknowledgable...:
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By newaccountantsf
20th Nov 2018 17:48

I actually pay PAYE by the 19th but I just checked HMRC website and this is only required if you are paying by post. So I believe you are correct.

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Replying to atleastisoundknowledgable...:
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By DJKL
20th Nov 2018 18:12

I did not know that, this thread is becoming educational, thanks.

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Replying to DJKL:
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By Goffey
21st Nov 2018 08:26

It was always the 19th, but when HMRC insisted on electronic payment, taxpayers argued that if they paid by post on the 18th, the money didn't leave their account until the 22nd. Hence the additional few days!

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Replying to DJKL:
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By paulwakefield1
21st Nov 2018 08:56

Rather bears out my rant on the censorship thread. First response understandable but not helpful; following responses start a useful thread.

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Replying to paulwakefield1:
paddle steamer
By DJKL
21st Nov 2018 13:00

Agreed- it is like a refresher course updating all the bits that had tweaked or changed but said changes had passed one by. Or certainly passed me by)

It could be the start of a decent information sheet for my clients except I am packing up the practice bit and just going to do in house FD roles; especially within the property industry.

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Replying to DJKL:
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By Tax Dragon
21st Nov 2018 13:53

I honestly don't know how one would keep up. It's not just the changes to what you thought you knew, there are wholly new [or possibly even not so new now] reports that one might have to make. "Yessir, I supply workers and I don't operate PAYE"; "yessir, I have cash transactions"; "yessir, 26% of my workforce is BAME".

We all know about MTD because it affects all of us, but I doubt any of us could give a complete list. (CIS was on your list because that's one that affects you and you know all about it; you omitted EC list because it doesn't and you don't.) Perhaps we should agree to update this thread every time we do something that isn't already listed? Let's get something useful out of AA this year!

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Replying to Tax Dragon:
paddle steamer
By DJKL
21st Nov 2018 14:18

My problem these days is my memory, I read lots but far less sticks than did when I was younger.

At best I have a -hmmn, that rings a bell warning system that alerts me I have to trot away to find the answer.

In practice full time it is likely easier (except you get more problems as you have more clients), we used to split up by subject to keep on top of things in the firm I was with in the 1990s but the one man band practice has no such ability to spread the load.

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By Tax Dragon
21st Nov 2018 08:03

There are likely to be additional tax reporting requirements and/or deadlines, for example in relation to dealings with shareholders. I would hope though that you'd be taking advice in advance, so these should be picked up as you go along.

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Pile of Stones
By Beach Accountancy
25th Nov 2018 14:36

From my company days:
- Sending an EPS if there has been any SMP, SPP, etc - between the 6th and the 19th of the following month - even a Nil return has to be sent these days
- National Statistics returns if selected (although at least they send you a form to fill in to act as a reminder)
- Upcoming CT Quarterly payment regime (if company big enough)

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