CorpComms Magazine

Receive our free weekly e-bulletin

 
 
  • Welcome
  • Features
  • News and Views
  • Print Edition
  • Events
  • Awards
  • Conferences
  • Jobs
 
  • Home
  • News
  • Digi
  • In My View
  • Top 10 Tips
  • Profile
  • Take One Problem
  • Revision Notes
  • Statistically Speaking
  • Both Sides of the Coin
 

The Tax Year

by Emily Nicholls on 06/04/2011 13:51:30 in CorpComms Online | share me: del.icio.us | digg | reddit | Tweet

Why 6 April? It's all the fault of some chaps named Julian and Gregory

About the author:

Emily Nicholls

Emily writes for CorpComms Mag, follow her tweets here @EmilyAVNicholls

The Tax Year

Why does the tax year start on 6 April? What's wrong with 1 January? Is it an Inland Revenue trap to make us think we're paying less?

Have you not read the papers? Nobody is paying less tax this year! But there is some logic to the 6 April tax year. It dates back to the Middle Ages.

Are you telling me that along with disease, pestilence and the Hundred Years' War, our forebears had to deal with taxes?

Not exactly. Back then the calendar was split into quarters, and the first day of each coincided with a religious festival. And on the first day of each quarter the rent money had to be paid and payroll services carried out.

Surely the tax year should start on 1 April, or would that cause too many April Fool jokes?

It's slightly more complicated than that. The calendar year used to start on 25 March (take my word for it, it just gets mindbogglingly complex otherwise) but in 1752, Britain dropped the Julian calendar in favour of the Gregorian one, which was used in Europe. The only problem was that the Gregorian calendar was adrift by 11 days, which meant that (to avoid confusion) they dropped 11 days starting 4 September. The next day's date became 15 September.

Avoid confusion - are you kidding? Julian! Gregorian! The disappearance of 4 September 1752, and the next ten days! I only asked a simple question...

I'm trying my best. It's fair to say that people weren't happy (particularly, I'm guessing, those whose birthdays had disappeared) and so the Inland Revenue felt it might not be politic to levy a full year's taxes on 25 March when the year only had 354 days. So it moved the day back 11 days to 5 April.

But I asked about 6 April?

Patience! I'm getting there...apparently the date moved to 6 April in 1800 because it was a leap year and, no, I have no idea why it didn't move back to 5 April the following year. Could you ask me something easier next time?!

share me: del.icio.us | digg | reddit | Tweet

CorpComms Jobs

Visit our jobs section to view or post job listings and to read helpful information on job hunting.
New jobs:

Internal Communications Senior Editor MMM1205-53
Account Director/SAD - Global healthcare comms
Account Dir./Sen. Account Director, Finac & Professional Serv Agency
Media Relations Assistant
Media Relations Manager (Ref: JAM1205-58)
Account Manager, Investor Communications LBW1112-44
PR Manager
Director of Communications and Marketing
VP/Associate Vice President - (Director/Associate Director) OY1202-73
Director – Financial PR agency OY1110-56

Or view all our jobs.
 
copyright ©2012 s9 | Contact | Terms | site by sav