List of Our Provided Services, UK Tax Obligation Deadlines, and Your Action
To satisfy HMRC reporting requirements, you must comply with several accounting deadlines. If you fail to meet these deadlines, you will face fines or other penalties from HMRC.
To ensure that we are able to submit information on your behalf to meet HMRC deadlines, you must provide the necessary documentation or records to us in time for us to complete the work required. These deadlines are laid out in the table below.
If you fail to provide the necessary documents or information to us the deadlines laid out in the Your Actions column of the table, Lukro Ltd is not responsible for late submission to HMRC or any fines or penalties that may result.
| Service Provided | Deadline | Your Actions |
|---|---|---|
| Annual Accounts | 9 months after financial year end | Submit all required documents by no later than 7 months after financial year end |
| Corporation Tax | No later than 9 months and one day after the end of the accounting period | Submit all required documents by no later than 7 months after the end of the accounting period |
| VAT | One calendar month and seven days after the end of the accounting period | Submit all required documents by no later than 14 days before the submission deadline |
| Payroll | RTI submission due on or before the payment date | Submit all required information at least 5 working days before payment dates |
| CIS | CIS Monthly Return required by the 19 th of the month. | Submit all required information at least 5 working days before the deadline |
| Self-Assessment | 31 Jan each year | Submit all required information and documents at least 45 working days before the deadline |
| Confirmation Statement | First statement required no later than one year and 13 days after company formation. Annually after that. | Submit required information no later than 5 working days before the statement is required to be submitted |
| Bookkeeping | 10 working days before the service is required to be completed (may be longer depending on complexity of task) | Submit all required information no later than 10 working days before the task completion date |
These dates are deadlines for the services we provide for you and your business. We recommend setting reminders in your diaries. Additionally, we've outlined the actions you should take and specified when we need to receive all documents from you to ensure we meet the deadlines and avoid penalties from HMRC.
Please note that failure to send us documents on time may result in missing the deadline and incurring a penalty. However, if you wish to prioritize your work, an additional cost will apply. For personalized advice or assistance with tax planning and submissions, please contact us directly at Lukro Ltd.