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Financial year

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Murielmci | 15:56 Tue 29th Jul 2008 | Business & Finance
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Can anyone tell me why the British financial year starts on April 6th? It seems such an odd date.
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Before 1752 the financial year ended on Lady Day - one of the 4 quarter days - which is 25 March.

In September alendar in the UK was brought into line with the one used in the rest of Europe. This meant that Sept 3 - 13 were omitted from the calendar.

But the treasury still wanted a full 365 days worth of taxes for the year, so the financial year ended on 5 April in 1753, and that has continued since then.
That's entirely believable.
The Exchequer always wants its pound of flesh.
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Thank you. I knew about the "stolen days" and the riots but I had not made the connection of the tax year.

Your help was much appreciated.

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