It’s important to be aware of all the 2020 tax dates and deadlines, especially those that will affect your small business. Some of the tax deadlines such as the self-assessment and VAT tax return take a considerable amount of preparation and time beforehand. So make sure you take note of all the dates that are relevant to you and your small business in order to get prepared.
Here are all the dates you need to keep in mind and in your diary for 2020.
Friday 31st January 2020 at midnight
Online self-assessment tax return deadline – this is for the tax year 2018/19.
Deadline for paying the tax bill for the year ending 5th April 2018/19.
Wendesday 11th March
The 2020 budget will be revealed by the new Chancellor of the Exchequer Rishi Sunak.
Sunday 5th April 2020
The tax year 2019/20 ends.
Monday 6th April 2020
The tax year 2020/21 begins.