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min answer › date of answer	2019-07-03
answer › answer text	The Government has no plans to change the tax year end to 31 March each year. On 15 September 2021%2C the Office for Tax Simplification %28OTS%29 published a report exploring a change to the date of the tax year end. The report found that%2C although there would be simplification benefits of moving the tax year%2C the transitional costs to Government and the private sector would be significant. The OTS does not consider that such a change should take place in the immediate future.
house id	2
min answer › question first answered	2021-05-26T15:16:33.91Z
max answer › question first answered	2021-11-05T13:40:05.503Z

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registered interest

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tabling member printed

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is ministerial correction

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answering member printed

question first answered

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1359048

registered interest

date

14/10/2021

answering body

Treasury

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answering dept short name

Treasury

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Treasury

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Taxation

house id

legislature

25277

pref label	House of Lords

question text

To ask Her Majesty's Government what plans they have, if any, to change the tax year end to 31 March each year.

tabling member printed

Lord McKenzie of Luton

uin

HL3116

answer

is ministerial correction

date of answer

29/10/2021

answer text

The Government has no plans to change the tax year end to 31 March each year. On 15 September 2021, the Office for Tax Simplification (OTS) published a report exploring a change to the date of the tax year end. The report found that, although there would be simplification benefits of moving the tax year, the transitional costs to Government and the private sector would be significant. The OTS does not consider that such a change should take place in the immediate future.

answering member printed

Lord Agnew of Oulton

question first answered

29/10/2021 13:48:36

answering member

4689

label	Biography information for Lord Agnew of Oulton

tabling member

3694

label	Biography information for Lord McKenzie of Luton