Tax compliance becomes stressful when deadlines are tracked separately by different people. A simple calendar gives the owner, accountant, and operations team one shared view.
Monthly Items
- Collect sales invoices and purchase invoices
- Import bank statements
- Reconcile bank and card accounts
- Review missing receipts
- Post payroll and owner transactions
- Check revenue against VAT and Corporate Tax planning thresholds
Quarterly or Periodic Items
- Prepare VAT return working papers
- Review input VAT claims
- File VAT201 before the deadline
- Confirm VAT payment
- Review Corporate Tax position and relief eligibility
Annual Items
- Close financial statements
- Prepare Corporate Tax return support
- Review licence renewal and registered details
- Update FTA records if ownership or contact details changed
- Archive records by year
The best tax calendar is boring. If every month closes cleanly, VAT and Corporate Tax deadlines become routine rather than urgent.