April doesn’t hold any personal tax filing deadlines for most people in the UK. But it’s always a good idea to check your tax situation throughout the year.
April
1 April
Financial year 2024 begins
Corporation tax due for accounting periods ended 30 June 2023 where not payable by instalments
VAT threshold increases from £85,000 to £90,000
VAT deregistration threshold up from £83,000 to £88,000
VAT acquisitions threshold for registration and deregistration increased to £90,000
5 April
Tax year 2023–24 ends
Last date to register to payroll benefits in kind for 2024–25
6 April
Tax year 2024–25 begins
Dividend allowance reduced from £1,000 to £500 for 2024-25 tax year
Class 1 Employer National Insurance contributions (NICs) cut by 2% to 8%
Class 2 NICs for self employed abolished
Class 4 NICs rate reduced to 6% on profits between £12,570 and £50,270. Rate remains at 2% on profits over £50,270
Capital gains tax (CGT) rates for higher rate taxpayers for gains on residential property not eligible for private residence relief, cut to 24% from standard 28% rate
CGT annual exempt amount (AEA) for individuals and personal representatives cut from £6,000 to £3,000; and rate for most trustees halved to £1,500
Annual tax on enveloped dwellings incrases to £4,400 from £4,150 for properties worth £500k to £1m, up to £9,000 from £8,450 for properties valued to £1m to £2m, and rising to £287,500 from £269,450 for properties over £20m
Income tax rates for trustees’ income threshold reduced from £1,000 to £500 de minimis trusts accounts
Income limit for married couple’s allowance increased from £34,600 to £37,000
Basic working tax credit increased from £2,280 to £2,435
Child benefit per week increased from £24 to £25.60 for eldest or only child, up to £16.95 for other children
7 April
VAT returns and payments due for month or quarter ended 28 February 2024
14 April
Corporation tax instalment payments due for large companies as follows:
• Year ended 31 December 2023 – instalment 4
• Year ended 31 March 2024 – instalment 3
• Year ended 30 June 2024 – instalment 2
• Year ended 30 September 2024 – instalment 1
Corporation tax instalment payments due for very large companies as follows:
• Year ended 30 April 2024 – instalment 4
• Year ended 31 July 2024 – instalment 3
• Year ended 31 October 2024 – instalment 2
• Year ended 31 January 2025 – instalment 1
CT61 returns and payments due for quarter ended 31 March 2024
19 April
CIS returns due for month ended 5 April 2024
EPS due for month ended 5 April 2024 so HMRC can apply a reduction on what is owed from FPS
PAYE, NICs, student loan deductions and CIS deductions due for month ended 5 April 2024 paid non electronically
PAYE, NICs, student loan deductions and CIS deductions due for quarter ended 5 April 2024 paid non electronically
22 April
PAYE, NICs, student loan deductions and CIS deductions due for month ended 5 April 2024 paid electronically
PAYE, NICs, student loan deductions and CIS deductions due for quarter ended 5 April 2024 paid electronically
28 April
Plastic packaging tax returns and payments due for quarter ended 31 March 2024
30 April
Returns and payments due by tenants and agents for rents to non-resident landlords for quarter ended 31 March 2024
Corporation tax return due for accounting periods ended 30 April 2023
Deadline for amending corporation tax returns for accounting periods ended 30 April 2022
Inheritance tax due for deaths in October 2023
Inheritance tax due on lifetime transfers between 6 April 2023 and 30 September 2023
ATED returns and payments for 2024–25 due for properties held on 1 April 2024
