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Holly Mackay
Holly MackayFounder and CEO

How do you calculate the tax year?

7 April, 2022

Question by Alan

How do you calculate the tax year?


Answered by Boring Money

Hi Alan,

The tax year starts on the 6th April each year and ends on the 5th April,

So any contributions (i.e. lump sum or regular) made from 5th April 2021 to 6th April 2022 would count towards the 2021/22 tax year.

Hope this helps?