Filing and Payment dates;
This is a summary of key dates for the following tax heads:
Income Tax (Including PRSI, Health Levy, Income Levy)
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31/10/12 |
Submission of Income Tax, Partnership or Trust Tax Returns for the tax year 31 December 2011. |
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2011 Balancing Payment |
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2012 Preliminary Tax |
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Final date to make an additional pension contribution and get relief in the 2011 tax year. |
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01/11/12 |
Automatic 5% surcharge for outstanding 2011 Tax Returns |
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01/01/12 |
Automatic 10% surcharge for outstanding 2011 Tax Returns |
Capital Gains Tax
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31/01/12 |
Payment date for any CGT on disposals arising during 1 December to 31 December 2011 |
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31/10/12 |
Submission of Tax Return outlining all gains arising in the Tax year 31 December 2011 |
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16/12/12 |
Payment date for CGT on disposals arising during 1 January to 30 November 2012 |
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31/01/13 |
Payment date for CGT on disposals arising during 1 December to 31 December 2012 |
Corporation Tax
(a) Tax Return
- This is due for submission eight months and twenty one days after the year end along with the balancing payment of tax.
- Ten months and twenty one days after year end an automatic 5% surcharge is incurred for late filing.
- Twelve months and twenty one days after year end an automatic 10% surcharge is incurred for late filing.
(b) Payment dates
Small company (Corporation Tax Liability is less than €200,000 in previous accounting period):
First Instalment: due before 21 day of month before the year end.(i.e. 21 November for a company with AP 31 December ).
Final Instalment: due eight months and twenty one days after the year end(i.e. 21 September for a company with AP 31 December ).
(c) Large Companies(Corporation Tax Liability more than €200,000 in previous accounting period);
This relates to Companies with Accounting Periods (AP) commencing on or after 14 October 2008.
First Instalment: 50% of Corporation Tax liability in preceding AP or 45% of Corporation Tax liability in current AP due by 21st date of the sixth month months prior to year end (i.e. 21 June for company AP 31 December ).
Second Instalment: Payable on the 21st date of the eleventh month of the AP an amount payable will bring the total preliminary tax paid to 90% Corporation Tax liability for current AP (i.e. 21 November for company AP 31 December).
Inheritance Tax
- The Tax Return must be submitted and paid within four months of the valuation date. Interest on late payment is payable at 1% per month from the valuation date.
Capital Acquisition Tax
- The Tax Return must be submitted and paid within four months of the date of the gift.
PAYE
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P30 |
Monthly Returns |
due and paid for before 14 day after month end |
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P30 |
Quarterly Returns |
due and paid for before the 14th day after quarter |
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P30 |
Bi-Annually Returns |
due and paid for before the 14th day after six months |
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P35 |
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Annual Return date to be filed by 15 February 2013 |
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P60 |
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to be issued to employees by 15 February 2013.
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VAT
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Bi-Monthly/ quarterly/ annual |
due to file and pay by 19 day month after the relevant period. |
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Annual Return of Trading clients |
due for submission by 19 month after end accounting period.
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RCT
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RCT 30 |
due for submission and payment by 14 day following month |
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RCT 35 |
due for submission and payment by 15 February 2013 |
Stamp Duty
You must have your deed stamped within 30 days of its execution.
If you seek adjudication (i.e. a Revenue opinion as to whether a deed is
chargeable, or the amount of duty chargeable) you must pay within 14 days of notice of assessment.