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Deadline for forms P60 to be issued to employees
About this date
The "Deadline for forms P60 to be issued to employees" is the final date by which employers must provide P60 forms to their employees in the United Kingdom. The P60 form is a summary document that outlines an employee's total income and tax deductions for a specific tax year. The deadline for issuing P60 forms is typically on or before the 31st of May following the end of the tax year (5th April). It is important for employers to meet this deadline to comply with HM Revenue and Customs (HMRC) regulations and ensure that employees receive the necessary information for their own tax obligations.
5
Apr
2025
Financial Year End
The "Financial Year End" refers to the conclusion of an accounting period for financial and reporting purposes. It marks the end of the financial cycle and typically coincides with the completion of a company's fiscal year. During the financial year end, businesses and organisations finalise their financial statements, reconcile accounts, assess financial performance, and prepare for audits or external reporting requirements. The financial year end date may vary depending on the organisation, but it is commonly set on the last day of the month in which the fiscal year ends. It is a critical time for businesses to ensure accurate financial reporting, review their financial health, and make strategic decisions based on the financial results.
5
Apr
2025
End of tax year 2024/25
End of tax year 2024/25
6
Apr
2025
New Financial Year
The "New Financial Year" refers to the beginning of a fresh accounting period for financial and tax purposes. It marks the start of a new cycle for fiscal calculations, budgeting, and reporting. In the United Kingdom, the new financial year begins on the 6th of April and ends on the 5th of April of the following year. During this time, individuals, businesses, and governmental bodies review their financial records, set new goals, and adjust their financial plans accordingly. It is an important milestone that influences tax calculations, financial reporting, and financial decision-making throughout the year.
6
Apr
2025
Tax Year Start
First day of the new tax year 2024/25
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