What is a Tax Year of the UK?

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    The UK Tax Year is a particular 12 months tax spotting frame to report and calculate taxes. It starts on 6 April and finishes on 5 April. At this period, people and companies have to document their revenues, cost and other financial information as tax requirements. UK taxation operating system interacts with this unactual time instead of the calendar year. The amount of income tax, National Insurance, and other taxes is levied depending on this tax year and an individual is expected to file his/her tax returns in this schedule.

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