Contractors and freelancers become responsible for a number of tax and accounting obligations when the open up a new limited company. For peace of mind, our accountants will assist you with these duties and will keep you in the loop of what needs to be done, by when, and how. For key tax deadlines that will affect your company, take a look at the table below. Once you become our client, your personalised tax timeline will also be available on our FreeAgent online portal.
| Annual return for Companies House: | Each anniversary of company formation date |
| Corporation Tax Payment: | 9 months and a day after the company’s year-end |
| Statutory accounts for Companies House: | 9 months after company’s year-end |
| Corporation Tax Return: | 12 months after company’s year-end |
| P11d and P11d(b)s: | 6 July each year |
| Payment of NI on benefits (Class1A): | 19 July each year |
| PAYE and NI Payments: | By 19th of month following the end of the period |
| VAT Return and Payment (where necessary): | 1 month after end of VAT period |
| Self-Assessment Tax Return: | Submission deadline – 31 January each year |