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Deadline Dates
Capital Gains Tax
30 September 2005
Capital gains tax (CGT) on chargeable gains arising
in the period 1 January to 30 September 2005 is due by 31
October 2005. CGT on gains arising in the period 1 October
2005 to 31 December 2005 will be due on or before 31 January
2006. The deferral of disposals to 1 October 2005 could
defer a CGT payment date by up to 3 months. Furthermore,
individuals with capital losses arising in the period 1
October 2005 to 31 December 2005 following gains arising
in the first 9 months of the year are required to make a
tax payment on 31 October 2005. It may be preferable, if
possible, to ensure that capital losses are crystallised
prior to 30 September in any given tax year.
This date does not generally apply to gains
realised by companies.
Corporate
Tax
14 August 2005
Dividend withholding tax return filing and payment
date (for distributions made in July 2005).
21 August 2005
Due date for payment of 1st instalment of preliminary tax
for companies with a financial year ended 30 September 2005
and due date for payment of 2nd instalment of preliminary
corporation tax for companies with a financial year ended
28 February 2005.
21 August 2005
Last date for filing corporation tax return CT1 for companies
with a financial year ending on 30 November 2004 with the
Collector-General’s Office.
Due date for balancing payments for the
same period.
31 August 2005
Last date for filing third party payments return
46G for companies with a financial year ending on 30 November
2004.
31 August 2005
Latest date for payment of dividends for the period
ended 29 February 2004 to avoid Sections 440 and 441 TCA97
surcharges on investment/rental/professional services income
arising in that period (close companies only).
14 September 2005
Dividend withholding tax return filing and payment
date (for distributions made in August 2005).
21 September 2005
Due date for payment of 1st instalment of preliminary
tax for companies with a financial year ended 31 October
2005 and 2nd instalment of preliminary corporation tax for
companies with a financial year ended 31 March 2005.
21 September 2005
Last date for filing corporation tax return CT1 for companies
with a financial year ending on 31 December 2004.
Due date for any balancing payment in respect
of the same accounting period.
30 September 2005
Under the Revenue’s Code of Practice for Revenue Audits,
certain time limits are outlined within which ‘self-corrections’
may be made. ‘Self-corrections’ enable a taxpayer
to amend a submitted return without penalties. According
to these guidelines, ‘self-correction’ claims
for corporation tax for accounting periods ended 31 December
2003 must be made by 30 September 2005.
30 September 2005
Last date for filing third party payments return
46G for companies with a financial year ending on 31 December
2004.
30 September 2005
Latest date for payment of dividends for the period ended
31 March 2004 to avoid Sections 440 and 441 TCA97 surcharges
on investment/rental/professional services income arising
in that period (close companies only).
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