BBK Partnership - Chartered Accountants

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

If your VAT quarter ended 31 May, your return and payment are due 7 July.

Late filing means penalties. Late payment means interest. Neither is worth it.

Yesterday, some of our team took part in the London to Brighton bike ride in aid of the British Heart Foundation.

It wasn't without its challenges. Seleena's bike broke mid-ride. Jayye's bike was hit, forcing her to stop and restart, but she dug in and completed the full route. Kavitharan flew home well ahead of the pack.
A huge thank you to Salman and Theva (one of our brilliant clients!) for keeping everyone fuelled and on track throughout the day. 💙

If you'd like to support the British Heart Foundation, the link to donate is below.

https://www.justgiving.com/team/bbkpartnership

Relationships like this are what BBK is built on.

If you're looking for an accountancy firm that grows with your business, we'd love to hear from you.

bbkca.com

The P11D deadline is 6 July.

If your business provides benefits or expenses to employees or directors, such as company cars, private medical insurance, gym memberships, or interest-free loans, these need to be reported to HMRC.

Late or incorrect submissions can result in penalties and unnecessary HMRC attention, so don't leave it to the last minute.

Unsure if you need to submit a P11D? The team would be happy to help.

From 6 April 2026, businesses are legally required to keep detailed records of employee annual leave and holiday pay for a minimum of six years.

It wasn't on the government's published timetable, which means many payroll and finance teams haven't planned for it.

Records must cover:
→ Ordinary and additional annual leave
→ Leave carried forward from previous years
→ Holiday pay, including which elements are included or excluded
→ Payments in lieu of annual leave

Non-compliance is a criminal offence and fines can reach up to £20,000 per employee.

If your payroll process hasn't been reviewed since April, now is the time.

Summer might be here, but deadlines don't stop. Here are June's dates you need to keep in mind

• 1 June: New Advisory Fuel Rates take effect (update your mileage and expenses policies)
• 7 June: VAT return deadline (for quarter ending 30 April)
• 19 June: CIS and PAYE payment deadline
• 22 Jun: PAYE and Class 1 NIC electronic payment deadline
• 30 June: Companies House accounts deadline (for companies with 30 September year end)

BBK can help you stay ahead of deadlines year-round.

https://www.bbkca.com/