Tax centre
Tax tables 2005-06
Main Due Dates for Tax Payment
| Income Tax and Capital Gains Tax – Self-Assessment | |
|---|---|
| 31 Jan in tax year | Normally 50% of previous year's income tax, less tax deducted at source |
| Following 31 July | Normally 50% of previous year's income tax, less tax deducted at source |
| Following 31 Jan | Balance of income tax and all CGT |
| Inheritance Tax | |
|---|---|
| Death: | normally 6 months after month of death |
| Lifetime transfer 6 April-30 September: | 30 April in following year |
| Lifetime transfer 1 October-5 April: | 6 months after month of transfer |
| Corporation Tax | ||||||||
|---|---|---|---|---|---|---|---|---|
| Self-assessment: 9 months after accounting period. | ||||||||
| Payable by instalments where profits are £1.5m or over. Normally payable in 7th, 10th, 13th, 16th months after the start of the accounting period. | ||||||||
| Growing companies: no instalments where profits are £10m or less and the company was small or medium-sized for the previous year. | ||||||||