Key 2023/24 tax year dates, deadlines & thresholds

Whether you’re working from home as a self-employed individual or an employee, it’s always helpful to know the latest tax year dates in the UK, which will come into force in April 2023. 

Here are the self-assessment tax return dates and VAT return dates for 2023/24.

This is for 2023/24. Click to see key 2024/25 tax year dates.

Or, want to know the dates for 2022/23? Check them here.

When does the 2023/24 tax year start?

The 2023/24 tax year begins on 6 April 2023 and ends on 5 April 2024. 


Self-assessment tax return dates 2023/24

Here are your Self Assessment tax return dates, and other important deadlines for individuals and self-employed in the 2023/24 tax year:

5 April 20232022/23 tax year ends
6 April 20232024/24 tax year begins
31 July 2023Second Payment on Account (POA) for Income Tax for 2022/23
5 October 2023Deadline for Self Assessment registration to notify chargeability of Income Tax/Capital Gains Tax for 2022/23
19 October 2023Deadline for postal payments of CIS, Class 1 B NICs and PAYE to HMRC
22 October 2023Deadline for electronic remittance of CIS, Class 1 B NICs and PAYE to HMRC
31 October 2023Deadline for postal submission of Self Assessment tax returns for tax year ended 5 April 2023 to be received by HMRC
30 December 2023Deadline for online submission of Self Assessment tax returns for tax year ended 5 April 2023
31 December 2023Due date to file company accounts with Companies House for limited companies with 31 March 2023 year end
14 January 2024Income tax due date for CT61 period to 31 December 2023
31 January 2024Deadline for filing Self Assessment Tax Returns for tax year ended 5 April 2023 and 2022/23 Capital Gains Tax
Balancing payment of tax due for 2022/23 and first Payment on Account for Income Tax for 2023/24
5 April 20242023/24 tax year ends
6 April 20242024/25 tax year begins
 

Deadlines for submitting VAT returns 2023/24

The deadline for submitting your return is 1 month and 7 days after the end of the VAT period, whether you pay your VAT monthly or quarterly. 

Here are the key dates for submitting VAT returns in the 2023/24 tax year:

7 April 2023Deadline for VAT returns and payments of Accounting Quarter period ending 28 February 2023
7 May 2023Deadline for VAT returns and payments of Accounting Quarter period ending 31 March 2023
7 June 2023Deadline for VAT returns and payment Accounting Quarter period ending 30 April 2023 if filed online
7 July 2023Deadline for VAT returns and payments of Accounting Quarter period ending 31 May 2023
7 August 2023Deadline for VAT returns and payments of Accounting Quarter period ending 30 June 2023
7 September 2023Deadline for VAT returns and payments of Accounting Quarter period ending 31 July 2023
7 October 2023Deadline for VAT returns and payments of Accounting Quarter period ending 31 August 2023
7 November 2023Deadline for VAT returns and payments of Accounting Quarter period ending 30 September 2023
7 December 2023Deadline for VAT returns and payments of Accounting Quarter period ending 31 October 2023
7 January 2024Deadline for VAT returns and payments of Accounting Quarter period ending 30 November 2023
7 February 2024Deadline for VAT returns and payments of Accounting Quarter period ending 31 December 2023
7 March 2024Deadline for VAT returns and payments of Accounting Quarter period ending 31 January 2024

 

PAYE tax rates & thresholds 2023/24

  • Employee Personal Allowance: £12,570

  • Basic Rate Tax Band: 20% on income between £12,571 and £50,270

  • Higher Rate Tax Band: 40% on income between £50,271 and £125,139

  • Additional Rate Tax Band: 45% on income above £125,140

  • The standard tax code for 2023/24 is 1250L

 

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