Aug 06 2008
do not destroy!!
The US the tax year runs from January 1st to December 31st. The UK Tax, fiscal, year runs from April 6th to April 5th based on 18th Century ‘quarter days’ when servants were traditionally hired and ’rent’ was gathered from the predominantly non-home-owning population and, of course, the introduction of Tax to support the Napoleonic wars. Those darned French. The UK corporate financial year runs from April 1st to March 31st, something to do with not loosing money when the Gregorian calendar was introduced.
I think of my P60, provided by my employer as being like my US W2.
Do not destroy
The P60 helpfully announces this instruction in bold type on its authority-imbued graduated pinkness.
do not destroy!!
And I thought the US tax system was confusing and annoying.
JamesNT
Do not confuse with your P45 or Tax self assessment paperwork. Mind numbingly confusing! Deep joy!