financial year

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.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • financial year — financial years N COUNT: usu sing, usu with supp A financial year is a period of twelve months, used by government, business, and other organizations in order to calculate their budgets, profits, and losses. [BRIT] ...33,000 possible job losses… …   English dictionary

  • financial year — ► NOUN ▪ a year as reckoned for taxing or accounting purposes, especially the British tax year reckoned from 6 April …   English terms dictionary

  • financial year — an accounting period of 12 months, often coincident, for convenience, with the fiscal year (1 July to 30 June). Glossary of Business Terms The year for which corporation tax rates apply. It runs from 1 April one year to 31 March next year and is… …   Financial and business terms

  • financial year — noun any accounting period of 12 months • Syn: ↑fiscal year • Hypernyms: ↑year, ↑twelvemonth, ↑yr * * * noun, pl ⋯ years [count] Brit : ↑fiscal year * * * fiˌnancial ˈyear …   Useful english dictionary

  • financial year — UK / US noun [countable] Word forms financial year : singular financial year plural financial years business British a period of twelve months that a company or organization uses to calculate how much profit it has made and how much it owes. The… …   English dictionary

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  • financial year — finansiniai metai statusas T sritis Gynyba apibrėžtis NATO – 12 mėnesių trunkantis apskaitos laikotarpis, kuris prasideda sausio 1 ir baigiasi gruodžio 31 dieną. atitikmenys: angl. financial year šaltinis NATO mokymų ir pratybų finansavimo… …   Lithuanian dictionary (lietuvių žodynas)

  • financial year — year beginning January 1st and ending December 31st …   English contemporary dictionary

  • financial year — 1) Any year connected with finance, such as a company s accounting period or a year for which budgets are made up. 2) In the UK, a specific period relating to corporation tax, i.e. the 12 months beginning on 1 April in one year and ending on 31… …   Accounting dictionary

  • financial year — 1) Any year connected with finance, such as a company s accounting period or a year for which budgets are made up. 2) In the UK, a specific period relating to corporation tax, i. e. the 12 months beginning on 1 April in one year and ending on 31… …   Big dictionary of business and management

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