Fiducia TogetherYear end
The date the accounts are made up to, and what happens around it.
Please note: This page explains what a term means. It is general information, not legal, financial, tax or investment advice, and it does not know anything about your business. Before you sign, file or commit to anything, check it with an accountant, a solicitor, or the official guidance we link to.
What it means
A company's accounting reference date determines its financial year. It can be changed, within limits.
Why it matters
The year end drives the filing deadlines, the tax payment date, and the timing of stock counts and accruals.
What it looks like in practice
Choosing a year end at a quiet trading point makes the stock count and the close easier. 31 March aligns with the tax year for some purposes.\n\nA year end can be shortened as often as you like and extended only in limited circumstances.
What to watch out for
Extending a year end to defer tax, which has anti-avoidance limits and complicates comparatives.
Where to get proper advice
Your accountant.
Where to read more
Last reviewed 2026-08-28 by Fiducia Together · Next review due 2027-08-28
Please note: This page explains what a term means. It is general information, not legal, financial, tax or investment advice, and it does not know anything about your business. Before you sign, file or commit to anything, check it with an accountant, a solicitor, or the official guidance we link to.