Stay HMRC-Compliant: How Co-gency Helps You Never Miss a Tax Deadline

Missing tax deadlines can cost UK businesses significantly in terms of fines, interest charges, and administrative headaches. For businesses in Swinton and Salford, staying ahead of your HMRC obligations is essential to maintaining financial health and avoiding disruption. At Co-gency Chartered Accountants, we help you stay compliant with proactive tax planning and accurate, on-time filings.

Understanding your obligations is the first step toward compliance. Here are the most critical tax deadlines that UK businesses must meet:

Self-Assessment Tax Returns

• Register for Self-Assessment by 5 October after the end of the tax year
• Paper tax returns due by 31 October
• Online tax returns and payment due by 31 January

Learn more from HMRC: Self Assessment tax returns

Corporation Tax Deadlines

• File Company Tax Returns within 12 months of your accounting period end
• Pay Corporation Tax 9 months and 1 day after the end of your accounting period

VAT Returns

• Typically, due every quarter depending on your VAT period
• Submit returns and make payments on time to avoid late submission penalties

See guidance: VAT returns

PAYE and Payroll Reporting

• Monthly FPS submissions and payments usually due by the 22nd of each month
• PAYE Settlement Agreement applications due by 5 July
• Payment for PAYE Settlement Agreements due by 22 October

Find more details: PAYE Settlement Agreements

Capital Gains Tax

• CGT on UK residential property must be reported and paid within 60 days of sale
• For other assets, report on your Self-Assessment by 31 January

See more: Capital Gains Tax

HMRC imposes automatic penalties for missed deadlines, including:

• An immediate £100 fine for late Self-Assessment
• Daily penalties of £10 after 3 months, up to £900
• Further 5% penalties at 6 and 12 months on outstanding tax
• Interest charges that continue to accrue on unpaid amounts

At Co-gency Chartered Accountants, we provide year-round support to help businesses in Swinton and Salford manage tax deadlines effectively. Our services include:

Personalised Deadline Tracking

We monitor all your HMRC obligations and set alerts for Self Assessment, Corporation Tax, VAT, PAYE, and CIS. You’ll never miss an important date.

Expert Preparation and Filing

We prepare and file your returns accurately and on time using HMRC-compliant digital systems, reducing the risk of errors or delays.

Payment Scheduling and Planning

We forecast your upcoming tax liabilities to help manage cash flow and ensure you’re financially prepared ahead of deadlines.

HMRC Liaison and Penalty Appeals

If a penalty notice arrives, we work with HMRC on your behalf to appeal where justified. Many penalties are reduced or cancelled with a valid explanation.

Compliance Strategy

We go beyond ticking boxes. Our team helps you integrate deadline planning into your overall financial strategy—strengthening compliance and resilience.

We understand the pressures facing small and medium-sized businesses in Swinton and Salford. Whether you’re a sole trader, partnership, or limited company, our local expertise ensures you stay compliant with HMRC while focusing on growth.

If you’re unsure about your next tax deadline or need guidance on avoiding penalties, our team is here to help.

Let us take the stress out of staying compliant. From deadline tracking to complete tax filing services, Co-gency Chartered Accountants ensures you meet every HMRC requirement confidently.

Visit our website: www.cogencyaccountants.co.uk
Book a consultation: Contact us