tax year

noun

1. a period of twelve months used by a government as a basis for calculating taxes

Example Sentences

With an estimated 52 million U.S. crypto holders, many benefiting from recent market surges, there's a limited window to consider these donations for the current tax year.

From Salon

The Treasury has said the autumn Budget provided tax relief for charities and their donors worth just over £6bn for the tax year to April 2024.

From BBC

Income tax is paid on earnings from employment and profits from self-employment during the tax year, which runs from 6 April to 5 April the following year.

From BBC

In the 2024-25 tax year, it says an average earner will have a tax cut of about £340 - from the combined tax changes - and people earning between £26,000 and £60,000 will be better off.

From BBC

There is a black hole in public finances, she says - based on her apparent discovery since arriving at No 11 Downing Street in July of an unbudgeted £22bn overspend in the current tax year.

From BBC