financial year

British  

noun

1. any annual period at the end of which a firm's accounts are made up

2. the annual period ending April 5, over which Budget estimates are made by the British Government and which functions as the income-tax year

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Example Sentences

NHS Birmingham and Solihull said current funding for the calling system ran until the end of this financial year at the end of March.

From BBC

“We enter the new financial year with confidence,” Chief Executive and Chair Marc Puig said.

From The Wall Street Journal

The largest ever single increase in the personal tax allowance has been revealed as part of the Isle of Man's budget for the financial year ahead.

From BBC

It assumes your salary will rise in line with the OBR's financial year forecasts for average weekly earnings growth each year.

From BBC

The pace was still higher over the first nine months of the financial year, adding 17.6 percent to reach 1.1 billion euros.

From Barron's

Related Words

• calendar year