2024 Financial Calendar Uk
As we enter the year 2023, it’s important to start thinking ahead and planning for the upcoming year. One of the key things to consider is the financial calendar for 2024 in the UK. This calendar includes all the important dates and events that will impact your finances, such as tax deadlines, bank holidays, and other financial milestones.
Overview of the 2024 Financial Calendar UK
The financial calendar for 2024 in the UK includes a number of important events and milestones that you need to be aware of. These include:
- New Year’s Day – January 1st
- Good Friday – April 19th
- Easter Monday – April 22nd
- Early May Bank Holiday – May 6th
- Spring Bank Holiday – May 27th
- Summer Bank Holiday – August 26th
- Christmas Day – December 25th
- Boxing Day – December 26th
Other Important Dates in the 2024 Financial Calendar UK
In addition to the bank holidays and other public holidays, there are a number of other important dates to be aware of in the 2024 financial calendar UK. These include:
- January 31st – Self-assessment tax deadline
- April 5th – End of the tax year
- July 31st – Payment on account deadline
- October 5th – Deadline for registering for self-assessment tax
- December 31st – Deadline for filing self-assessment tax return online
It’s important to mark these dates in your calendar so that you don’t miss any important deadlines and avoid getting hit with penalties or fines.
Events and Festivals in the 2024 Financial Calendar UK
The financial calendar in 2024 in the UK is not just about taxes and deadlines. There are also a number of events and festivals that you can look forward to. Here are some of the biggest:
- New Year’s Day Parade – January 1st
- Burns Night – January 25th
- St. Patrick’s Day – March 17th
- Chelsea Flower Show – May 21st-25th
- Wimbledon – July 1st-14th
- Notting Hill Carnival – August 25th-26th
- Christmas Markets – December
These events and festivals are a great way to celebrate and enjoy the year, while also keeping an eye on your finances and staying on top of important deadlines.
FAQs about the 2024 Financial Calendar UK
Q: What is the tax year in the UK?
A: The tax year in the UK runs from April 6th to April 5th the following year.
Q: What is a payment on account?
A: A payment on account is an advance payment of income tax and Class 4 National Insurance contributions that self-employed individuals need to make twice a year.
Q: Are bank holidays in the UK the same every year?
A: No, bank holidays in the UK can vary from year to year, so it’s important to check the financial calendar for the current year.
Q: Do I need to file a tax return if I am employed?
A: If you are employed and your tax affairs are straightforward, you may not need to file a tax return. However, if you have additional income or other tax-related issues, you may need to file a tax return.
Q: What happens if I miss a tax deadline?
A: If you miss a tax deadline, you may be hit with penalties and fines, so it’s important to stay on top of your finances and ensure that you meet all your obligations.
