Tax and business calendar

06 Apr 2020

• Residence nil-rate band

  Residence nil-rate band increases from £150,000 to £175,000.

• Buy-to-let finance costs

  Percentage of finance costs deductible from rental income reduces to 0%. Percentage of basic rate reduction is 100%.

• Start of new tax year

  Start of new tax year.

• Capital gains tax allowances

  Capital gains tax annual allowance for individuals increases to £12,300; and to £6,150 for trustees.

• Junior ISA

  Annual Junior ISA limit rises to £9,000.

• Company van benefit

  Company van benefit charge rises £3,490, multiplier rises to £666.

• Car benefit multiplier

  Car benefit multiplier rises to £24,500.

07 Apr 2020

• VAT return

  Due date for February VAT returns unless exempted.

14 Apr 2020

• EC sales list

  Deadline for paper monthly or quarterly return filing.

• CT61 payment

  Due date for income tax for the CT61 period to 31 March 2020.