Change the UK tax year to start on the 1st of January

Background

The UK tax year runs from 6 April to 5 April, a relic of 1752 when Britain switched calendars and “lost” 11 days. That historical quirk made sense then - but today, it’s a barrier to simplicity and global alignment. Let's modernise our system for ease and alignment with over 120 other countries.

Additional details

• Global Standard: Over 120 countries start their tax year on 1 January, including the USA, Canada, and most of Europe. • Simplification: Aligning with the calendar year would make payroll, budgeting, and reporting easier for businesses and individuals. • International Competitiveness: UK companies trading globally face unnecessary complexity because our tax year doesn’t match international norms. • Easier financial planning. • Reduced accounting costs. • Fewer errors and compliance headaches.

Where it’s popular

Constituencies with the most signatures on this petition.