In our latest article, we list the main tax events to make note of during April and May. Please get in touch with us if you have any questions regarding these events.

April / May 2022

DateWhat’s Due
01/04Corporation tax payment for the year to 30/6/21 (unless quarterly instalments apply)
06/042021/22 tax year ends on 5th April. 2022/23 tax year begins on 6th April.
19/04PAYE & NIC deductions and CIS return and tax, for the month to 5/04/22 (due 22/04 if you pay electronically)
01/05Corporation tax payment for the year to 31/7/21 (unless quarterly instalments apply)
19/05PAYE & NIC deductions, and CIS return and tax, for the month to 5/05/22 (due 22/05 if you pay electronically)

Gift Aid Your Donations To Help Ukraine

For individuals and businesses wanting to donate money to help to support those suffering in Ukraine, there are a number of charities providing humanitarian relief. Ideally, this should be done via the Disasters Emergency Committee (DEC) Appeal.

Individual UK taxpayers should make sure to tick the Gift Aid box as that will increase their donation by 25%. It should also be remembered that, like pension contributions, higher and additional rates taxpayers are able to obtain even more tax relief. For example, a £40 donation only costs £30 after higher rate of tax relief.

McIntyre Stuart accountants Ely offers their services across Cambridgeshire and East Anglia. Financial services include tax compliance and returns, basic bookkeeping and payroll servicesContact us today for advice and assistance from our expert team.