Tax Diary April/May 2026
1 April 2026 – Due date for corporation tax due for the year ended 30 June 2025.19 April 2026 – PAYE and NIC deductions
Increase in company late filing penalties
After the end of its financial year, a private limited company must prepare full annual accounts and submit a company
Tax allowances frozen for 2026-27
It was confirmed as part of the Autumn Budget that the Income Tax thresholds will continue at their current levels for a
Seven million people started new jobs in 2025
New figures published by HMRC show that more than 7 million people started a new job in 2025, an increase of around
Who will be subject to MTD for IT from 6 April 2026
Taxpayers who are self-employed or receive rental income should check whether they will be subject to Making Tax Digital