An A to Z of Tax from...

Tax Glossary



Welcome to the Taxbuddies glossary. To help you interpret the jargon that you can come across in dealing with your tax, our team of experts have written a brief explanation for hundreds of technical terms. Click on a letter to show entries.

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Year of Assessment : The year of assessment runs from the 6th April to 5th April next. Therefore the 2008/09 tax year runs from 6th April 2008 to 5th April 2009.