Change of tax year end likely to remain the same

Today we heard that there were a number of concessions made in the passing of the Finance Act to committee stage, and one of them was to be the year end being kept the same – 31st of October rather than bringing it forward to the end of September.

From an operational perspective this is welcome, any change should go to year end or mid year rather than a marginal creep of one month closer to the previous year end. As for the rest of the bill, time will tell!

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