5 April
Last day to: defer Class 2 & 4 NIC’s for 2006/07; invest in an ISA for 2006/07; sell assets to use your 2006/07 Capital Gains Tax exemption; claim losses for investments that became worthless in 2004/05; make gifts to use the IHT exemptions for 2005/06 and 2006/07.

6 April
IHT threshold now £300,000. Limit on tax relief for pension contributions increased to £225,000.

31 May
Last date for those employed at 5 April 2007 to receive 2006/07 form P60.

31 July
Second instalment of on-account income tax due for 2006/07.

30 September
Paper version of 2005/06 tax return must be submitted if you want tax due of up to £2,000 collected through your 2007/08 PAYE code.

5 October
If you have not received a Tax Return form you must inform HMRC of any tax liability for 2006/07 that has not been covered by tax deducted at source.