If this is your first visit, be sure to
check out the FAQ by clicking the
link above. You may have to register
before you can post: click the register link above to proceed. To start viewing messages,
select the forum that you want to visit from the selection below.
a. where does that line come from anyway? (forgive my ignorance)
b. when is somebody going to end that ridiculous U.K. Tax year date of 5th April, and make it 31st March, or even better, 31st December?
It isn't given us to know those rare moments when people are wide open and the lightest touch can wither or heal. A moment too late and we can never reach them any more in this world.
b. when is somebody going to end that ridiculous U.K. Tax year date of 5th April, and make it 31st March, or even better, 31st December?
... I think it is quite sensible that the tax year should end March/April rather than December/January. Not just for historical reasons. For those even indirectly involved with finance, banking, investment, taxation, accountancy - a lot of work has to be done in the week/weeks at the end of the Financial Year, and at the week/weeks at the beginning of the next Financial Year. As long as we have our current Christmas and New Year holidays, to choose the last couple of weeks in December / beginning of January for this heavy period of work and upheaval would not be a very clever idea.
a. where does that line come from anyway? (forgive my ignorance)
b. when is somebody going to end that ridiculous U.K. Tax year date of 5th April, and make it 31st March, or even better, 31st December?
French Frank has posted the lyrics. They were written by Lorenz Hart to a melody of Richard Rodgers and sung by Ella Fitzgerald in her wonderful Rodgers and Hart Songbook album. I also recall a recording of it in the 1950s by Mel Torme. Hope that helps.
Sorry, I should have added that the song's title is Mountain Greenery.
b. when is somebody going to end that ridiculous U.K. Tax year date of 5th April, and make it 31st March, or even better, 31st December?
Until 1582 New Year's Day was 25 March, so the fiscal year ended on 24 March. At this point, Pope Gregory X111 ordered a change of calendar from the Julian to the solar calendar. By the C16th the Julian was behind the solar calendar by 10 days. However, the British did not make the change in 1582, so there was a difference of 10 days between the calendar in Britain and the rest of Europe. By 1752 the difference had increased to 11 days.
In order to ensure no loss of tax revenue, the Treasury decided that the taxation year which started on 25th March 1752 would be of the usual length (365 days) and therefore it would end on 5th April, the following tax year beginning on 6th April.
As it happens, most UK companies use 31 December as the end of their financial year. The NHS and most charities use 31 March. Universities, and other educational institutions use 31 July.
Until 1582 New Year's Day was 25 March, so the fiscal year ended on 24 March. At this point, Pope Gregory X111 ordered a change of calendar from the Julian to the solar calendar. By the C16th the Julian was behind the solar calendar by 10 days. However, the British did not make the change in 1582, so there was a difference of 10 days between the calendar in Britain and the rest of Europe. By 1752 the difference had increased to 11 days.
In order to ensure no loss of tax revenue, the Treasury decided that the taxation year which started on 25th March 1752 would be of the usual length (365 days) and therefore it would end on 5th April, the following tax year beginning on 6th April.
As it happens, most UK companies use 31 December as the end of their financial year. The NHS and most charities use 31 March. Universities, and other educational institutions use 31 July.
Yes, and Russia didn't adopt the Gregorian calendar until 1918. Stravinsky, for instance, was born on 5 June 1882 (old style) or 17 June 1882 (new style) - a difference of 12 days. Kalinnikov's birthday similarly differed by 12 days (1 or 13 January 1866) but the date of his death differed by 13 days, as it fell in a different century (30 December 1900 or 11 January 1901).
The battle of Bosworth was fought on Saturday 22 August 1485. If we were to convert it to our present calendar (which we don't for dates before 1572 at least) it would be Tuesday September 1st (I think - I'm doing this in my head).
If a spring fiscal year end is necessary, whether for historical, sociological or workload reasons (I'm trying, without success, to shed a tear for those hard-pressed people who work in the financial sector), and while pointing out in passing that plenty of other countries manage a year-end year end, that doesn't explain why the U.K., can't make that small adjustment of 5 days from April 5 to March 31.
... that doesn't explain why the U.K., can't make that small adjustment of 5 days from April 5 to March 31.
... yes, it is weird. The financial years of government departments run from 1 April to 31 March ; the tax years as you say from 6 April to 5 April. There must be a whole sub-department in the Treasury devoted to finagling those odd five days from year to year...
Comment