2024/25 Tax Year Dates. The 2024/25 tax year begins on 6 april 2024 and ends on 5 april 2025. You can check the tax period your pay date falls into using the linked tax calendars below or the charts further down this guide.
For example, it is the date on which your tax allowances, deductions, and credits reset for the new tax year. Here, we explain how tax allowances and thresholds work, what they are for the new 2024/25 tax year, and how they could affect you.
First Day Of The 2024/25 Tax Year.
The new tax year begins on 6 april 2024 and it ends on 5 april 2025.
A Tax Year Is A Period Starting On 6 April In One Year And Ending On 5 April In The Following Year.
Deadline to make a contribution to qualify for tax relief in 2023/24.
(Add To Google Calendar) 5Th Of April 2024:
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Here, We Explain How Tax Allowances And Thresholds Work, What They Are For The New 2024/25 Tax Year, And How They Could Affect You.
The dividend allowance reduces from ยฃ1,000 to ยฃ500.
The 2024/25 Financial Year Will Then End On Saturday, April 5, 2025.
April 6 2024 marks the start of the new 2024/25 tax year, when various changes come into effect that could have an impact on your finances.
For Example, It Is The Date On Which Your Tax Allowances, Deductions, And Credits Reset For The New Tax Year.