Wednesday, 6 April 2011
Today is the first day of the new tax year in the UK. This would hardly qualify as a fun fact, if it weren't for the fact that it's on such an odd date. So odd, indeed, that I got it completely wrong this year and tried to make up my annual accounts at the end of March.
Having got suitably cross with myself for messing up my nice neat record book (um, obsessive, moi....?), it was all made right when I found out that the reason for us having such a silly tax year is due to the change from the Julian to the Gregorian calendar. Yes, really. The financial year used to run to the 25th March, but it was extended so that those in power didn't lose 11 days' revenue when the calendar changed over.
Somehow, the fact that it's an interesting historical artifact makes me feel rather better about the whole thing. And having learnt the background, I think I'm less likely to make the same mistake next year!