Key 2024/25 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 2024. 

Here are the self-assessment tax return dates and VAT return dates for 2024/25.

Want to know the dates for 2023/24? Check them here.

When does the 2024/25 tax year start?

The 2024/25 tax year begins on 6 April 2024 and ends on 5 April 2025. 


Self-assessment tax return dates 2024/25

Here are your Self Assessment tax return dates, and other important deadlines for individuals and self-employed in the 2024/25 tax year:

5 April 20242023/24 tax year ends
6 April 20242024/25 tax year begins
31 July 2024Second Payment on Account (POA) for Income Tax for 2023/24
5 October 2024Deadline for Self Assessment registration to notify chargeability of Income Tax/Capital Gains Tax for 2023/24
19 October 2024Deadline for postal payments of CIS, Class 1 B NICs and PAYE to HMRC
22 October 2024Deadline for electronic remittance of CIS, Class 1 B NICs and PAYE to HMRC
31 October 2024Deadline for postal submission of Self Assessment tax returns for tax year ended 5 April 2024 to be received by HMRC
30 December 2024Deadline for online submission of Self Assessment tax returns for tax year ended 5 April 2024
31 December 2024Due date to file company accounts with Companies House for limited companies with 31 March 2024 year end
14 January 2025Income tax due date for CT61 period to 31 December 2024
31 January 2025Deadline for filing Self Assessment Tax Returns for tax year ended 5 April 2024 and 2023/24 Capital Gains Tax
Balancing payment of tax due for 2022/23 and first Payment on Account for Income Tax for 2024/25
5 April 20252024/25 tax year ends
6 April 20252025/26 tax year begins
 

Deadlines for submitting VAT returns 2024/25

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 2024/25 tax year:

7 April 2024Deadline for VAT returns and payments of Accounting Quarter period ending 29 February 2024
7 May 2024Deadline for VAT returns and payments of Accounting Quarter period ending 31 March 2024
7 June 2024Deadline for VAT returns and payment Accounting Quarter period ending 30 April 2024 if filed online
7 July 2024Deadline for VAT returns and payments of Accounting Quarter period ending 31 May 2024
7 August 2024Deadline for VAT returns and payments of Accounting Quarter period ending 30 June 2024
7 September 2024Deadline for VAT returns and payments of Accounting Quarter period ending 31 July 2024
7 October 2024Deadline for VAT returns and payments of Accounting Quarter period ending 31 August 2024
7 November 2024Deadline for VAT returns and payments of Accounting Quarter period ending 30 September 2024
7 December 2024Deadline for VAT returns and payments of Accounting Quarter period ending 31 October 2024
7 January 2025Deadline for VAT returns and payments of Accounting Quarter period ending 30 November 2024
7 February 2025Deadline for VAT returns and payments of Accounting Quarter period ending 31 December 2024
7 March 2025Deadline for VAT returns and payments of Accounting Quarter period ending 31 January 2025

 

PAYE tax rates & thresholds 2024/25

  • 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 2024/25 is 1250L

 

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