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Taxation Year

Volume 928: debated on Tuesday 22 March 1977

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asked the Chancellor of the Exchequer whether he will undertake a feasibility study of changing the beginning of the taxation year to 1st April.

The possibility of altering the dates of the taxation year has been examined by officials on a number of occasions and by the Select Committee on Procedure in 1967£68. None of these reviews recommended a change, and I do not think there is a case for reopening the issue at present.