{"Term":"Tax year","Definition":"\u003cp\u003eThe tax year, sometimes called an income year, is from 1 April to 31 March. The last day of the tax year, the balance date, is 31 March.\u003c/p\u003e\n\u003cp\u003eYou can only have a late balance date if you have written approval from Inland Revenue.\u003c/p\u003e\n\u003cp\u003e\u003ca href=\"/income-tax/income-tax-for-businesses-and-organisations/balance-dates\" class=\"quick-links-topic\"\u003eBalance dates\u003c/a\u003e\u003c/p\u003e","TeReoTerm":"","TeReoDefinition":""}