Chapter 1 - 3.2 - The Tax Year Flashcards
1
Q
When does the financial year run from and to?
A
From 1 April through to the following year, 31 March
2
Q
What entity does the financial year refer to?
A
Companies
3
Q
What entity does the tax year refer to?
A
Individuals
4
Q
When does the tax year run from and to?
A
From 6 April through to the following year, 5 April