This year's Wyman Symposium looks at various perspectives on the potential change to the end of the tax year.

Our comments on the challenges of a 5th April tax year end in the face of an increasingly digital tax system, have been heard by the government.

It was confirmed on 4 June that the OTS has been asked to look at moving the end of the tax year to either 31st March or 31st December and to report its findings this summer to Rt Hon Jesse Norman MP, Financial Secretary to the Treasury.

This symposium will put forward some perspectives on the potential change by 4 speakers with the following programme:

• The Irish experience.
• How it might affect an SME client tax practice.
• The impact from a payroll and software change perspective.
• The impact on Treasury finances.

Live broadcast 13 July 2021

Resources

• Watch the recording
• Making Tax Digital
• Tax year end, Bounce Back Loans and cryptocurrency
• TAXbite: Why does the tax year start on 6 April?
• ICAEW gives evidence to parliament on future of tax system
• Lessons from Ireland on changing the tax year
• It’s time to take a look at the tax year end
• OTS to look at impact of moving tax year end