BBK Partnership - Chartered Accountants

September is back to business. Here are the dates to know:

1 September: Corporation Tax due (year ended 30 November 2025)
7 September: VAT return deadline (quarter ending 31 July)
19 September: PAYE, NIC and CIS payment deadline
22 September: PAYE and Class 1 NIC electronic payment deadline

If you need any assistance, the team at BBK would be happy to help.

By the time most directors think about year-end planning, it's too late to do anything about it. Here are a few things worth reviewing:

• Have you maximised pension contributions?
• Is there capital expenditure you should bring forward?
• Are director salaries and dividends still optimised?
• Have all allowable expenses been captured?

Year-end planning only works if there's still time to act on it.
BBK helps directors make the most of every year -end.

Are you spending money on innovation and not claiming R&D tax relief?

Many business owners assume R&D tax credits are only for large companies or tech firms. They're not.

If your business has invested in developing new products, processes, or software, even if the project didn't succeed, you could qualify, and the relief can be significant.

Not sure if you qualify? BBK can assess your eligibility and handle the claim.

https://www.bbkca.com/

Quick reminder about two important deadlines that fall this week on 7 August.

• VAT return: if your quarter ended 30 June, your return and payment are due to HMRC today.

• MTD for Income Tax: if you came under Making Tax Digital in April, your first quarterly update covering 6 April to 5 July is also due today.

If you need help, get in touch with the team urgently to help.

Today is the deadline for your second Self Assessment payment on account.

If you're unsure what you owe, or think your payments should be reduced based on a lower income this year, speak to the team today.

Here are key dates for business owners this August:

7 August — VAT return deadline (quarter ending 30 June) and first MTD for Income Tax quarterly update due
19 August — PAYE, NIC and CIS payment deadline
22 August — PAYE and Class 1 NIC electronic payment deadline

Don't let the summer slowdown catch you out.

If you went live with Making Tax Digital in April, your first quarterly update to HMRC is due by 5 August.
MTD works on quarterly reporting cycles aligned to the tax year:

Quarter 1: 6 April to 5 July, due 5 August
Quarter 2: 6 July to 5 October, due 5 November

Not yet set up or struggling with the process? The team at BBK can help, get in touch.

If you're a self-assessment taxpayer, the second payment on account deadline is 31 July - just 10 days away.

This is an advance payment towards your 2025/26 tax bill. Miss it, and HMRC will charge interest from the day after the deadline.

Not sure what you owe or whether you can reduce your payment? Get in touch with the team today.

Are you a director of a company?

Your confirmation statement is due every 12 months, even if nothing has changed.
Miss it, and Companies House can strike your company off the register.

If you're not sure when yours is due, check your Companies House filing history or ask our team at BBK to manage it for you.

July is a busy month. Here's what's due:

• 1 July: Corporation Tax due for companies with September year ends
• 6 July: P11D deadline (submission to HMRC and copies to employees)
• 7 July: VAT return deadline (for quarter ending 31 May)
• 19 July: CIS and PAYE postal payment deadline
• 22 July: PAYE and Class 1 NIC electronic payment deadline
• 31 July: Second payment on account due for 2025/26 Self Assessment

Need support with any of these deadlines? Get in touch, the team would be happy to help.

bbkca.com