MTD for Income Tax applies to those over the threshold
About this date
From this date, Making Tax Digital for Income Tax (MTD ITSA) applies to sole traders and landlords whose total gross income from self‑employment and/or rental income was over £50,000 in the 2024/25 tax year. This is your total income before any tax or expenses are deducted.
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5
Mar
2026
Deadline for submitting P46 for employees whose car/fuel benefits changed during the quarter to 5th April
The "Deadline for submitting P46 for employees whose car/fuel benefits changed during the quarter to 5th April" refers to the final date by which employers in the United Kingdom must submit the P46 form for employees whose car or fuel benefits have changed during the specified quarter leading up to the 5th of April. The P46 form is used to report changes in employee benefits and to ensure accurate tax calculations. Employers are required to submit this form to HM Revenue and Customs (HMRC) to update the employee's tax records accordingly. Meeting this deadline is important to comply with HMRC regulations and avoid potential penalties or incorrect tax calculations.
8
Mar
2026
Deadline for submitting a P46 (Car) for the quarter ending the 5th of July
Deadline for submitting a P46 (Car) for the quarter ending the 5th of July
31
Mar
2026
P60 Issuance Deadline
Copies of P60 documents must be issued to employees
4
Apr
2026
Financial Year End
The "Financial Year End" refers to the conclusion of an accounting period for financial and reporting purposes. It marks the end of the financial cycle and typically coincides with the completion of a company's fiscal year. During the financial year end, businesses and organisations finalise their financial statements, reconcile accounts, assess financial performance, and prepare for audits or external reporting requirements. The financial year end date may vary depending on the organisation, but it is commonly set on the last day of the month in which the fiscal year ends. It is a critical time for businesses to ensure accurate financial reporting, review their financial health, and make strategic decisions based on the financial results.
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