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On Employee Ownership Day 2021 Fieldfisher says business is #BetterTogether
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Our governance - HM Revenue & Customs
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COLUMN: Third fall foul of new Capital Gains Tax rule
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ICAEW: Moving end of year tax dates will modernise our tax system
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The tax year could be altered to bring it into line with calendar months, a Government advisory body has mooted.
A review has been launched which could see the end of tax years for individuals starting on April 6, with April 1 or January 1 suggested as potential dates.
The Office of Tax Simplification – an independent adviser to Government on tax simplification – said its scoping review would focus on the costs and benefits of moving the tax year end date from 5 April to 31 March.
A move to March 31 would bring individuals into line with corporations and the UK Government’s own accounts which run to the same date.