Tax Calendar 2016
| Tax dates and deadlines | |
|---|---|
| 16 March 2016 | Budget Day |
| 6 April 2016 | Lifetime allowance for pension savings reduced to £1.000.000. Personal savings allowance introduced. Significant changes to taxation of dividends introduced. |
| 31 July 2016 | Deadline for second payment on account to be made for the tax year ended 5 April 2016. |
| 5 October 2016 | Deadline for advising HMRC of any new sources of income. chargeable gains or if you are required to complete a tax return for the first time for 2015/16. |
| 31 October 2016 | 2015/16 tax return to be filed on or before this date unless it is being filed online. |
| 30 December 2016 | If you would like your tax liability of £3,000 or less to be collected through your tax code for your employment or pension then your tax return has to be submitted online by 30 December (note:the deadline is 30 September for any returns that are submitted in paper form). |
| 31 January 2017 |
2015/16 tax returns are to be submitted online and non- submission will result in a penalty. Balancing payment of tax due for the tax year ended 5 April 2016 and first payment on account for the tax year ended 5 April 2017 (based on 50% of the total tax due for the tax year ended 5 April 2016). |
For further information
On Kuber Ventures, the alternative investment platform that allows investors to create a diversified portfolio across different Fund Managers for EIS/SEIS/BPR investments, through a single application contact:
T. 020 7952 6685
E. info@kuber.uk.com
www.kuberventures.co.uk
