tax year
noun /ˈtæks jɪə(r)/, /ˈtæks jɜː(r)/
/ˈtæks jɪr/
(also financial year)
(both British English) (North American English fiscal year)
[usually singular]- a period of twelve months over which the accounts and taxes of a company or a person are calculated. The British tax year begins on 6 April.Topics Timec1