Personal Tax, Partnership Tax and Trust Tax Returns all need to be filed by January 31st 2017, if not there is an immediate £100 penalty, and additional penalties will be imposed for further delays.
Liabilities for the year ending April 5th, 2016 and first payment on accounts for 2016/17 also need to be paid on or before January 31st, 2017.
If not interest at the rate of 3% (per annum) will be charged on a daily basis, and any tax outstanding as of February 28th, 2017 will incur a 5% surcharge.
Tax Returns to be filed by January 31st
