Financial year | Practical Law

Financial year | Practical Law

Financial year

Financial year

Practical Law UK Glossary 3-107-5762 (Approx. 3 pages)

Glossary

Financial year

The year for which corporation tax rates apply. It runs from 1 April to 31 March the following year and is denoted by the year in which it commences. For further detail, see Practice note, Corporation tax: general principles: Rates of tax.