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April Key Tax Dates


1/6
First year capital allowances replaced by £50,000 annual investment allowance for plant and machinery along with other capital allowances changes.
5 Last day of the 2007/08 tax year.
Last day to use up your annual exemptions for Capital Gains Tax, Inheritance Tax and ISA's.
Capital Gains Tax Taper Relief withdrawn.
6 Capital Gains Tax rate reduced to 18%.
14 Return and payment of CT61 tax due for quarter to 31 March 2008.
19/22 PAYE/NIC due for month to 5/4/2008 or quarter 4 of 2007/08 fro small employers.
20 Interest begins to accrue on any unpaid PAYE/NIC for 2007/08

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