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tax year

British  

noun

  1. a period of twelve months used by a government as a basis for calculating taxes

"Collins English Dictionary — Complete & Unabridged" 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

To prevent abuse, the tax credit for phone delays would be limited to two occasions in a given tax year, Jenrick said.

From BBC Aug. 26, 2026

Start a QCD on Dec. 28 and you may learn in February that it landed in the wrong tax year.

From MarketWatch Aug. 14, 2026

Liquidation can force investors to realize capital gains in that tax year if the ETF had gained in value, even if they would have preferred to keep holding.

From The Wall Street Journal Jun. 4, 2026

However, the ONS warned that revisions are more likely for April given the start of a new tax year, which can lead to underreporting of employment for administrative reasons.

From The Wall Street Journal May 19, 2026

McKeown pointed out the figures come at the start of the new tax year, and they "carry greater uncertainty and have often seen larger than average upward revisions".

From BBC May 19, 2026

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