Tax Tables

Annual PAYE and NIC tax deadlines for small businesses

The table below highlights some of the key dates to look out for when returning paperwork to HMRC. Chances are, your accountant will be well aware of all tax deadlines, however business owners are ultimately responsible for ensuring that tax liabilities are paid on time.
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National Insurance (NIC) Rates – 2011/12

This is the 2011/12 NICs table. The employers’ NI rate has increased by 1% to 13.8%, and the main Class 1 rate for employees has risen from 11% to 12%.

Class 2 and Class 4 contributions, paid by the self employed, have also increased.
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