Why is the UK tax year run from 6th April to 5th April and not from January to December like other countries?

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Why is the UK tax year run from 6th April to 5th April and not from January to December like other countries?

richard t

Back in medieval times the king's income was collected by the Exchequer. It was their decision to divide the year into four parts so that sheriffs could travel to deliver the money without having to carry such large amounts. The dates were chosen as the main feasts closest to each of the quarter year days.

The accounting periods then ended on Lady Day (March 25), on Midsummer's Day (June 24), on Michaelmas (Sept 29) and Christmas Day (Dec 25). It was tradition that the books would be balanced on 29 September.

Most of Europe changed from the Julian to the new, more accurate, Gregorian calendar in 1582, but Great Britain continued with the old one system until September 1752. By this time the difference had increased to 11 days because the Romans had miscalculated the length of a year from the solar cycle.

These 11 days were 'caught up' by being removed from the calendar altogether in 1752 when 2 September was followed directly by 14 September. In order not to lose 11 days' tax revenue in that tax year, the tax authorities then decided to tack them on at the end of the Christmas period, changing the collection date to 5 January. 80 years later, in 1842 the beginning of the tax year was moved to Lady Day, 6 April and has not changed since.

psmom2006

It is its own rules and preference.

Tantrabella

'Old Style' and 'New Style' dates - see 1582 and 1751. By the time the Gregorian calendar was adopted in Britain, it was 11 days 'ahead' of the old Julian calendar it replaced. Julian dates are termed 'Old Style' and Gregorian dates 'New Style'

March 25 (Old Style) â€“ Lady Day; first day of New Year from c150AD until 1751 â€“ one of the Quarter Days in England when rents become due. Became April 6th (New Style), which is why our present Tax Year starts on this day!

hotclaws

April used to be the first month of the year

ilovebigbrother

Apparently it's a historical thing since the tax system was set up this this country and nobody has decided to change the dates since

monkeyface

We like to be different.

ahh_1952

The UK tax year run from 6th to 5th April that this period for tourisum.

Different countries runs different. different laws and regulations

ges21

Because they like to be damned awkward is the only reason I can see!

sloop john b

The guys are right. Its just because the system in the UK goes back so far that the new year was different in those days and we have never changed. If you think about it there would have to have been a part year at some time to adjust to the present calendar year and this might have been tricky so why bother. I think it is good as it sets UK apart and moves the Financial stuff away from Christmas and New Year. Who wants to be bothered with it then.
The Year ended on 25 March even in Roman times, hence September ( seven ), October ( eight ), November ( nine ) and December ( ten ) being the tenth month.
When the calendar changed in England we had to catch up eleven days which moved the new year day on to 6 April.