📌 In This Month’s News
As we step into 2026, January 2026 tax deadlines are critical this month for business owners, directors and self-employed individuals. There are two non-negotiable compliance requirements this month, alongside practical steps you can take now to protect your cash flow and avoid unnecessary stress later in the year.
This month we’re covering:
- Companies House ID verification – action required
- 31 January Self Assessment filing and payment deadline
- Managing January cash flow
- Common questions we’re being asked this month
Companies House ID Verification – Action Required
Companies House has introduced mandatory identity verification for company directors and people with significant control (PSCs). This change directly affects how we are able to act for you.
Once you complete the verification process, you will receive a personal verification code.
This code:
- Is unique to you
- Cannot be reissued
- Must be treated as an important legal document
- Must be shared with Jenner’s
Without this code:
- We cannot act for you
- We cannot file Confirmation Statements
- You cannot legally act as a director
- Companies House may apply penalties or strike off your company
💡 Jenner’s Tip:
Verify your ID as early as possible, store your code securely, and send it to us as soon as you receive it. Leaving this too late could prevent us from meeting statutory deadlines on your behalf.
31 January – Self Assessment Filing & Payment Deadline
31 January is the final deadline for:
- Filing your Self Assessment tax return
- Paying your balancing payment for the previous tax year
- Paying your first payment on account (where applicable)
It’s important to remember that filing your return does not mean your tax has been paid both must be completed by 31 January to avoid penalties and interest.
If you’re unsure what you owe, or you’re concerned about making payment, speak to us as soon as possible. There are often more options available before the deadline than after it.
💡Jenner’s Tip:
If you’re unsure what you owe, struggling to pay, or simply want peace of mind, contact us as soon as possible. Early conversations give us more options to help you manage your tax position and avoid unnecessary penalties.
Managing Cash Flow in January
January can be a challenging month for cash flow, particularly following Christmas and with tax payments due.
A few practical steps can help:
- Review your bank balance and upcoming commitments early
- Keep tax funds separate from day-to-day spending where possible
- Avoid delaying conversations that could lead to bigger problems later
💡 Jenner’s Tip:
A short conversation now can prevent costly issues later. Book a meeting in February to discuss with us (01432 379988) .
📅 Key Tax Dates for January 2026
| Date | What’s Due |
|---|---|
| 1 January | Corporation Tax due for companies with 31 March 2025 year-end |
| 7 January | VAT return & payment due for period ending 30 November (if applicable) |
| 19 January | CIS, PAYE & NICs due (postal payments) |
| 22 January | CIS, PAYE & NICs due (electronic payments) |
| 30 January | Deadline to submit online Self Assessment return if you want HMRC to collect tax through your PAYE code |
| 31 January | Self Assessment tax return filing deadline |
| 31 January | Self Assessment balancing payment due |
| 31 January | First payment on account due (where applicable) |
| 31 January | Corporation Tax returns due for accounting periods ending 31 January 2025 |
💡 Jenner’s Tip: Don’t wait for a deadline to catch you out. If any of these dates apply to you and you’re not sure what to do next, contact the Jenner’s team for guidance.
This Month’s Questions & Answers
Q. Do I need a Companies House ID code if nothing has changed at my company?
Yes. Identity verification is required even if your company details have not changed.
Q. What happens if I miss the 31 January deadline?
Late filing and late payment both result in penalties and interest, which increase the longer the delay continues.
Q. My records aren’t fully ready — should I still contact you?
Yes. The sooner we know, the more options we have to help you.
How Jenner’s Can Help
Keeping on top of your accounting and compliance responsibilities doesn’t have to be stressful. With the right support, you can stay organised, compliant and confident about your numbers.
If you have any questions about Companies House ID verification, Self Assessment, or January cash flow, please get in touch with the Jenners team.
Need personalised advice?
If any of this month’s topics affect you or your business, we’re here to help.
Contact our team at Jenners Tax & Business Advisers for tailored support and practical guidance.
Check out all of services pages today.
Call us on 01432 379988 or use the contact us page.
📞 01432 379988
🌐 www.jennersacc.co.uk