Tax event due on March 19

The following Tax Events are due on 19 March 2011:
PAYE, Student loan and CIS deductions are due for the month to 5th March 2011
What this means for you?
This deadline is relevant to employers who have made PAYE deductions from their employees' salaries and to contractors who have paid subcontractors under the CIS. The contractors' monthly return showing details of payments made to subcontractors must also be filed by today.
Employers are required to make payment to HMRC of the income tax, national insurance and student loan deductions. Contractors are required to make payment to HMRC of the tax deductions made from subcontractors under the CIS.
Where the payment is made electronically the deadline for receipt of payment is 22nd March 2011 Penalties may apply if payment is made late.
Kind regards,
Clay Shaw Butler Chartered Accountants
http://www.clayshawbutler.com
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