{"Term":"Income year","Definition":"\u003cp\u003e\u003cspan style=\"color: #37424a;\"\u003eIn most cases, this will be the same as the tax year, 1 April to 31 March. It may be an elected period not ending on 31 March and may be more or less than 12 months if you have written approval from Inland Revenue.\u003c/span\u003e\u003c/p\u003e\n\u003cp\u003e\u003cspan style=\"color: #37424a;\"\u003eYour balance date is the last day of your income year. The standard balance date is 31 March.\u003c/span\u003e\u003c/p\u003e","TeReoTerm":"","TeReoDefinition":""}