Fiscal year - wikipedia Fiscal year This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. ( June 2012 ) Part of a series on Accounting Historical cost Constant purchasing power Management Tax Major types Audit Budget Cost Forensic Financial Fund Governmental Management Social Tax Key concepts Accounting period Accrual Constant purchasing power Economic entity Fair value Going concern Historical cost Matching principle Materiality Revenue recognition Unit of account Selected accounts Assets Cash Cost of goods sold Depreciation / Amortization Equity Expenses Goodwill Liabilities Profit Revenue Accounting standards Generally - accepted principles Generally - accepted auditing standards Convergence International Financial Reporting Standards International Standards on Auditing Management Accounting Principles Financial statements Annual report Balance sheet Cash - flow Equity Income Management discussion Notes to the financial statements Bookkeeping Bank reconciliation Debits and credits Double - entry system FIFO and LIFO Journal Ledger / General ledger T accounts Trial balance Auditing Financial Internal Firms Report People and organizations Accountants Accounting organizations Luca Pacioli Development History Research Positive accounting Sarbanes -- Oxley Act Business portal A fiscal year ( or financial year, or sometimes budget year ) is the period used by governments for accounting and budget purposes, which vary between countries. It is also used for financial reporting by business and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis, but generally do not require the reporting period to align with the calendar year ( 1 January to 31 December ). Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for government purposes. The calculation of tax on an annual basis is especially relevant for direct taxation, such as income tax. Many annual government fees -- such as Council rates, licence fees, etc. -- are also levied on a fiscal year basis, while others are charged on an anniversary basis. The `` fiscal year end '' ( FYE ) is the date that marks the end of the fiscal year. Some companies -- such as Cisco Systems -- end their fiscal year on the same day of the week each year, e.g. the day that is closest to a particular date ( for example, the Friday closest to 31 December ). Under such a system, some fiscal years will have 52 weeks and others 53 weeks. The calendar year is used as the fiscal year by about 65 % of publicly traded companies in the United States and for a majority of large corporations in the UK and elsewhere, with notable exceptions being in Australia, New Zealand and Japan. Many universities have a fiscal year which ends during the summer to align the fiscal year with the academic year ( and, in some cases involving public universities, with the state government 's fiscal year ), and because the university is normally less busy during the summer months. In the northern hemisphere this is July to the next June. In the southern hemisphere this is calendar year, January to December. Some media / communication - based organizations use a broadcast calendar as the basis for their fiscal year. The fiscal year is usually denoted by the year in which it ends, so United States federal government spending incurred on 14 November 2018 would belong to fiscal year 2019, operating on a fiscal calendar of October -- September. Contents 1 Chart of various fiscal years 2 Tax year 3 Operation in various countries / region 3.1 Afghanistan 3.2 Australia 3.3 Austria 3.4 Bangladesh 3.5 Belarus 3.6 Brazil 3.7 Bulgaria 3.8 Canada 3.9 China 3.10 Colombia 3.11 Costa Rica 3.12 Egypt 3.13 France 3.14 Greece 3.15 Hong Kong 3.16 India 3.17 Indonesia 3.18 Iran 3.19 Ireland 3.20 Israel 3.21 Italy 3.22 Japan 3.23 Macau 3.24 Mexico 3.25 Myanmar / Burma 3.26 Nepal 3.27 New Zealand 3.28 Pakistan 3.29 Portugal 3.30 Qatar 3.31 Romania 3.32 Russia 3.33 Singapore 3.34 South Africa 3.35 South Korea 3.36 Spain 3.37 Sweden 3.38 Taiwan 3.39 Thailand 3.40 Ukraine 3.41 United Arab Emirates 3.42 United Kingdom 3.43 United States 3.43. 1 Federal government 3.43. 2 State governments 3.43. 3 Businesses and organizations 4 See also 5 References Chart of various fiscal years Start date of fiscal year by country hide Country Purpose ( Jul ) ( Aug ) ( Sep ) ( Oct ) ( Nov ) ( Dec ) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec ( Jan ) ( Feb ) ( Mar ) Australia Austria Bangladesh Brazil Canada govt corp. and pers. China Costa Rica Egypt Ethiopia govt 11 September Germany Greece Hong Kong India Indonesia Iran 21 March Israel Japan govt corp. and pers. Nepal 17 July Netherlands New Zealand govt corp. and pers. Pakistan Portugal Qatar Republic of Ireland Romania Russia Singapore govt pers. South Africa South Korea Spain Sweden pers. corp. Switzerland pers. Taiwan Thailand United Arab Emirates United Kingdom pers. 6 April corp. and govt United States federal most states Country Purpose ( Jul ) ( Aug ) ( Sep ) ( Oct ) ( Nov ) ( Dec ) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec ( Jan ) ( Feb ) ( Mar ) Tax year The fiscal year for individuals and entities to report and pay income taxes is often known as the taxpayer 's tax year or taxable year. Taxpayers in many jurisdictions may choose their tax year. Some federal countries, such as Canada and Switzerland, require the provincial or cantonal tax year to align with the federal year. In the United States, most states retained a June 30 fiscal year - end date when the federal government switched to September 30 in 1976. Nearly all jurisdictions require that the tax year be 12 months or 52 / 53 weeks. However, short years are permitted as the first year or when changing tax years. Most countries require all individuals to pay income tax based on the calendar year. Significant exceptions include : Australia : individuals pay income tax based on the financial year of 1 July until 30 June. United Kingdom : individuals pay tax on a year ending 5 April. This is due to Britain historically having a calendar year starting on Lady Day ( 25 March ) in the Julian calendar, which translates to 6 April in the Gregorian calendar. United States : individuals may ( but rarely do ) elect any tax year, subject to IRS approval. Many jurisdictions require that the tax year conform to the taxpayer 's fiscal year for financial reporting. The United States is a notable exception : taxpayers may choose any tax year, but must keep books and records for such year. Operation in various countries / region In some jurisdictions, particularly those that permit tax consolidation, companies that are part of a group of businesses must use nearly the same fiscal year ( differences of up to three months are permitted in some jurisdictions, such as the U.S. and Japan ), with consolidating entries to adjust for transactions between units with different fiscal years, so the same resources will not be counted more than once or not at all. Afghanistan In Afghanistan, the fiscal year was recently changed from 1 Hamal -- 29 Hoot ( 21 March -- 20 March ) to 1 Jadi -- 30 Qaus ( 21 December -- 20 December ). The fiscal year runs with the Afghan calendar, thus resulting in difference of the Gregorian dates once in a four - year span. Australia In Australia, a fiscal year is commonly called a `` financial year '' ( FY ) and starts on 1 July and ends on the next 30 June. Financial years are designated by the calendar year of the second half of the period. For example, financial year 2017 is the 12 - month period ending on 30 June 2017 and can be referred to as FY2016 / 17. It is used for official purposes, by individual taxpayers and by the overwhelming majority of business enterprises. Business enterprises may opt to use a financial year that ends at the end of a week ( e.g., 52 or 53 weeks in length, and therefore is not exactly one calendar year in length ), or opt for its financial year to end on a date that matches the reporting cycle of its foreign parent. All entities within the one group must use the same financial year. For government accounting and budget purposes, pre-Federation colonies changed the financial year from the calendar year to a year ending 30 June on the following dates : Victoria changed in 1870, South Australia in 1874, Queensland in 1875, Western Australia in 1892, New South Wales in 1895 and Tasmania in 1904. The Commonwealth adopted the near - ubiquitous financial year standard since its inception in 1901. The reason given for the change was for convenience, as Parliament typically sits during May and June, while it was difficult for it to meet in November and December to pass a budget. The Financial year is split into the following four quarters Quarter Period covered Quarter 1 1 Jul -- 30 Sep Quarter 2 1 Oct -- 31 Dec Quarter 3 1 Jan -- 31 Mar Quarter 4 1 Apr -- 30 Jun Austria In Austria the fiscal year is the calendar year, 1 January to 31 December. Bangladesh In Bangladesh, the fiscal year is 1 July to the next 30 June. Belarus In Belarus, the fiscal year is the calendar year, 1 January to 31 December. Brazil In Brazil, the fiscal year is the calendar year, 1 January to 31 December. Bulgaria In Bulgaria, the fiscal year is the calendar year, 1 January to 31 December, both for personal income tax and for corporate taxes. Canada In Canada, the government 's financial year is 1 April to 31 March. ( Q1 1 April - 30 June, Q2 1 July - 30 Sept, Q3 1 Oct - 31 Dec and Q4 1 Jan - 31 Mar ) For individual taxpayers, the fiscal year is the calendar year, 1 January to 31 December. China In China, the fiscal year for all entities is the calendar year, 1 January to 31 December, and applies to the tax year, statutory year, and planning year. Colombia In Colombia, the fiscal year is the calendar year, 1 January to 31 December. Costa Rica In Costa Rica, the fiscal year is 1 October to 30 September. Egypt In the Arab Republic of Egypt, the fiscal year is 1 July to 30 June. France In France, the fiscal year is the calendar year, 1 January to 31 December, and has been since at least 1911. Greece In Greece, the fiscal year is the calendar year, 1 January to 31 December. Hong Kong In Hong Kong, the government 's financial year runs from 1 April to 31 March. India In India, the government 's financial year runs from 1 April to 31 March. It is abbreviated as a FY19. Companies following the Indian Depositary Receipt ( IDR ) are given freedom to choose their financial year. For example, Standard Chartered 's IDR follows the UK calendar despite being listed in India. Companies following Indian fiscal year get to know their economical health on 31 March of every Indian financial or fiscal year. The current fiscal year was adopted by the colonial British government in 1867 to align India 's financial year with that of the British Empire. Prior to 1867, India followed a fiscal year that ran from 1 May to 30 April. In 1984, the LK Jha committee recommended adopting a fiscal year that ran from 1 January to 31 December. However, this proposal was not adopted by the government fearing possible issues during the transition period. A panel set up by the NITI Aayog in July 2016, recommended starting the next fiscal year from 1 January to 31 December after the end of the current five - year plan. On 4 May 2017, Madhya Pradesh announced that it would move to a January -- December financial year, becoming the first Indian state to do so. But later it dropped the idea. Indonesia In Indonesia, the fiscal year is the calendar year, 1 January to 31 December. Iran In Iran, the fiscal year usually starts on 21 March ( 1st of Farvardin ) and concludes on next year 's 20 March ( 29th of Esfand ) in Solar Hijri calendar Ireland Until 2001, the fiscal year in Ireland was the year ending 5 April, as in the United Kingdom. From 2002, to coincide with the introduction of the euro, it was changed to the calendar year, 1 January to 31 December. The 2001 tax year was nine months, from April to December. Israel In Israel, the fiscal year is the calendar year, 1 January to 31 December. Italy In Italy, the fiscal year is the calendar year, 1 January to 31 December. It was changed in 1965, before which it was 1 July to 30 June. Japan In Japan, the government 's financial year is from 1 April to 31 March. The fiscal year is represented by the calendar year in which the period begins, followed by the word nendo ( 年度 ) ; for example the fiscal year from 1 April 2018 to 31 March 2019 is called 2018 -- nendo. Japan 's income tax year is 1 January to 31 December, but corporate tax is charged according to the corporation 's own annual period. Macau In Macau, the government 's financial year is 1 January to 31 December. Mexico In Mexico, the fiscal year is the calendar year, 1 January to 31 December. Myanmar / burma In Myanmar, the fiscal year is 1 October to 30 September. Nepal In Nepal, the fiscal year is 1 Shrawan ( 4th month of Bikram calendar ) to 31 Ashad ( 3rd month of Bikram calendar ). Shrawan 1 roughly falls in mid-July. New Zealand In New Zealand, the government 's fiscal and financial reporting year is 1 July to the next 30 June and applies also to the budget. The company and personal financial year is 1 April to 31 March and applies to company and personal income tax. Pakistan The Pakistani government 's fiscal year is 1 July of the previous calendar year and concludes on 30 June. Private companies are free to observe their own accounting year, which may not be the same as government 's fiscal year. Portugal In Portugal, the fiscal year is the calendar year, 1 January to 31 December. Qatar In Qatar, the fiscal year is from 1 January to 31 December. Romania In Romania, the fiscal year is the calendar year, 1 January to 31 December. Russia In Russia, the fiscal year is the calendar year, 1 January to 31 December. Singapore The fiscal year for the calculation of personal income taxes is 1 January to 31 December. The fiscal year for the Government of Singapore and many government - linked corporations is 1 April to 31 March. Corporations and organisations are permitted to select any date as the end of each fiscal year, as long as this date remains constant. South Africa In South Africa, the fiscal year for the Government of South Africa is 1 April to 31 March. The year of assessment for individuals covers twelve months, 1 March to the final day of February the following year. The Act also provides for certain classes of taxpayers to have a year of assessment ending on a day other than the last day of February. Companies are permitted to have a tax year ending on a date that coincides with their financial year. Many older companies still use a tax year that runs from 1 July to 30 June, inherited from the British system. A common practice for newer companies is to run their tax year from 1 March to the final day of February following, to synchronize with the tax year for individuals. South Korea In South Korea, the fiscal year is the calendar year, 1 January to 31 December. Spain In Spain, the fiscal year is the calendar year, 1 January to 31 December. Sweden In Sweden, the fiscal year for individuals is the calendar year, 1 January to 31 December. The fiscal year for an organisation is typically one of the following : 1 January to 31 December 1 May to 30 April 1 July to 30 June 1 September to 31 August However, all calendar months are allowed. If an organisation wishes to change into a non-calendar year, permission from the Tax Authority is required. Taiwan In Taiwan, the fiscal year is the calendar year, 1 January to 31 December. However, an enterprise may elect to adopt a special fiscal year at the time it is established and can request approval from the tax authorities to change its fiscal year. Thailand In Thailand, the government 's fiscal year ( FY ) is 1 October to 30 September of the following year. For individual taxpayers it is the calendar year, 1 January to 31 December. Ukraine In Ukraine, the fiscal year is the calendar year, 1 January to 31 December. United Arab Emirates In the United Arab Emirates, the fiscal year is the calendar year, 1 January to 31 December. United Kingdom In the United Kingdom, the financial year runs from 1 April to 31 March for the purposes of government financial statements. For personal tax purposes the fiscal year starts on 6 April and ends on 5 April of the next calendar year. Although United Kingdom corporation tax is charged by reference to the government 's financial year, companies can adopt any year as their accounting year : if there is a change in tax rate, the taxable profit is apportioned to financial years on a time basis. A number of major corporations that were once government - owned, such as BT Group and the National Grid, continue to use the government 's financial year, which ends on the last day of March, as they have found no reason to change since privatisation. The 5 April year end for personal tax and benefits reflects the old ecclesiastical calendar, with New Year falling on 25 March ( Lady Day ), the difference being accounted for by the eleven days `` missed out '' when Great Britain converted from the Julian Calendar to the Gregorian Calendar in September 1752 ( the British tax authorities, and landlords were unwilling to lose 11 days of tax and rent revenue, so under provision 6 ( Times of Payment of Rents, Annuities, &c. ) of the Calendar ( New Style ) Act 1750, the 1752 -- 3 tax year was extended by 11 days ). From 1753 until 1799, the tax year in Great Britain began on 5 April, which was the `` old style '' new year of 25 March. A 12th skipped Julian leap day in 1800 changed its start to 6 April. It was not changed when a 13th Julian leap day was skipped in 1900, so the start of the personal tax year in the United Kingdom is still 6 April. United States Federal government The United States federal government 's fiscal year is the 12 - month period beginning October 1 and ending September 30 the following year. The identification of a fiscal year is the calendar year in which it ends ; thus, the current fiscal year is 2018, often written as `` FY2018 '' or `` FY18 '', which began on 1 October 2017 and will end on 30 September 2018. Prior to 1976, the fiscal year began on 1 July and ended on 30 June. The Congressional Budget and Impoundment Control Act of 1974 made the change to allow Congress more time to arrive at a budget each year, and provided for what is known as the `` transitional quarter '' from 1 July 1976 to 30 September 1976. An earlier shift in the federal government 's fiscal year was made in 1843, shifting the fiscal year from a calendar year to one starting on 1 July. For example, the United States government fiscal year for 2018 is : 1st quarter : 1 October 2017 -- 31 December 2017 2nd quarter : 1 January 2018 -- 31 March 2018 3rd quarter : 1 April 2018 -- 30 June 2018 4th quarter : 1 July 2018 -- 30 September 2018 State governments State governments set their own fiscal year. Forty - six of the fifty states set their fiscal year to end on June 30. Four states have fiscal years that end on a different date : Alabama, ends September 30 Michigan, ends September 30 New York, ends March 31 Texas, ends August 31 The fiscal year for the Washington, D.C. government ends on September 30. Among the inhabited territories of the United States, most align with the federal fiscal year, ending on September 30. These include American Samoa, Guam, the Northern Mariana Islands and the U.S. Virgin Islands. Puerto Rico is the exception, with its fiscal year ending on June 30. Businesses and organizations The tax year for a business is governed by the fiscal year it chooses. A business may choose any consistent fiscal year that it wants ; however, for seasonal businesses such as farming and retail, a good account practice is to end the fiscal year shortly after the highest revenue time of year. Consequently, most large agriculture companies end their fiscal years after the harvest season, and most retailers end their fiscal years shortly after the Christmas shopping season. See also 4 -- 4 -- 5 calendar References Jump up ^ MATT RICHTEL ( 12 May 2004 ). `` Cisco Profit For Quarter Slightly Beats Estimates ''. The New York Times. The New York Times Company. Retrieved 14 August 2012. Jump up ^ Thomson ONE Banker, Thomson Reuters Datastream and individual companies ( 31 March 2011 ). `` FT UK 500 2011 '' ( PDF ). Financial Times. The Financial Times Ltd. Retrieved 14 August 2012. Jump up ^ Australian and New Zealand Chamber of Commerce in Japan ( 20 April 2011 ). `` Definitions '' ( PDF ). Australian and New Zealand Chamber of Commerce in Japan Constitution. Australian and New Zealand Chamber of Commerce in Japan. Retrieved 14 August 2012. Jump up ^ `` Definition of fiscal year investopedia.com ''. Jump up ^ See, e.g., U.S. IRS Publication 538. ^ Jump up to : `` 26 U.S. Code § 441 - Period for computation of taxable income ''. LII / Legal Information Institute. Retrieved 5 January 2016. Jump up ^ 26 USC 443. ^ Jump up to : ASIC. `` Changing a financial year ''. Retrieved 9 July 2014. Jump up ^ See instructions to IRS Form 1128 and 26 USC 441 -- 444. ^ Jump up to : Robert H. Parker ( 2013 ). Accounting in Australia ( RLE Accounting ) : Historical Essays. p. 63. ISBN 9781317963929. Jump up ^ Office, Australian Taxation. `` Activity statement generate dates ''. www.ato.gov.au. Retrieved 2017 - 11 - 07. Jump up ^ `` Budgetary code '' ( PDF ). p. 9, article 5. Retrieved 16 June 2017. Jump up ^ `` Ar. 15 of the Act on Taxes on the Income of Physical Persons ''. Jump up ^ `` Ar. 21, Para. 1 of the Act on Corporate Income Taxation ''. Jump up ^ Department of Justice Canada ( 1985 ). `` Federal - Provincial Fiscal Arrangements Act ''. Department of Justice Canada ( in English and French ). Department of Justice Canada. Retrieved 14 August 2012. ^ Jump up to : `` British and Foreign Naval Power ''. Retrieved 5 January 2016. Jump up ^ `` The World Factbook ''. Archived from the original on 14 May 2009. Retrieved 5 January 2016. Jump up ^ `` The World Factbook ''. Retrieved 5 January 2016. Jump up ^ `` Why financial year & calendar year differ in India ? ''. Reuters. 10 November 2008. Jump up ^ `` Is the country getting a new fiscal year cycle ? ''. The Hindu Business Line. 6 July 2016. Retrieved 30 December 2016. Jump up ^ `` Change fiscal year to Jan - Dec : Govt panel suggests break from 150 - yr tradition ''. Hindustan Times. 28 December 2016. Retrieved 30 December 2016. ^ Jump up to : `` India to bid good bye to its ' old ' financial year in 2018 ? ''. The Financial Express. 12 July 2016. Retrieved 30 December 2016. Jump up ^ `` Should financial year sync with calendar year ? Govt to discuss ''. 2016 - 06 - 28. Retrieved 2016 - 08 - 04. Jump up ^ Sood, Jyotika ( 2 May 2017 ). `` Madhya Pradesh decides to change to January -- December fiscal year ''. Mint. Retrieved 5 May 2017. Jump up ^ Soelistianingsih, Lana ( 9 July 2015 ). `` Ini Keuntungan Pemerintah Merombak Tahun Fiskal ''. Inilah.com ( in Indonesian ). Retrieved 10 December 2017. Jump up ^ `` Iran announces budget for coming fiscal year ''. Yahoo news. 2 March 2014. Retrieved 17 October 2015. Jump up ^ Suiter, Jane ( 21 July 2000 ). `` McCreevy changing the tax year from April to January ''. Irish Times. Retrieved 28 June 2017. Jump up ^ `` The World Factbook ''. Retrieved 28 August 2016. Jump up ^ `` The World Factbook ''. Retrieved 5 January 2016. Jump up ^ `` The World Factbook ''. Archived from the original on 4 November 2010. Retrieved 5 January 2016. Jump up ^ RSS. `` Lawmakers stress on changing Fiscal Year ''. ekantipur. Kantipur Publications. Retrieved 13 February 2016. Jump up ^ `` Annual Report ''. Retrieved 5 January 2016. Jump up ^ `` New Zealand International Financial Reporting Standards ( NZIFRS ) ''. Retrieved 5 January 2016. Jump up ^ `` Year End Financial Statements ''. Retrieved 5 January 2016. Jump up ^ `` Important dates ''. Inland Revenue. Retrieved 5 January 2016. Jump up ^ International Monetary Fund ( 7 February 2012 ). Pakistan : Staff Report for the 2011 Article IV Consultation and Proposal for Post-Program Monitoring. International Monetary Fund. p. 173. ISBN 978 - 1 - 4639 - 5152 - 8. Jump up ^ Straton, Rentrop &. `` Codul fiscal 2018 ART. 16 - Anul fiscal ''. www.noulcodfiscal.ro. Jump up ^ `` 국가 재정법 '' ( in Korean ). National Law Information Center - Reliable Ministry of Government legislation of Republic of Korea. Jump up ^ `` Spain ''. The World Factbook. Central Intelligence Agency. Retrieved 5 May 2016. Jump up ^ `` Sweden ''. The World Factbook. Central Intelligence Agency. Retrieved 1 May 2014. Jump up ^ `` Skatteverket ''. Retrieved 19 May 2015. Jump up ^ `` Bolagsverket ''. Retrieved 19 May 2015. Jump up ^ `` Investing in Taiwan ''. Taiwan Investment Guide. 2008. Jump up ^ `` Economy ; Thailand ; Fiscal Year ''. The World Factbook : Thailand. US Central Intelligence Agency. Retrieved 17 Feb 2015. Jump up ^ `` Article 3 of Budgetary code of Ukraine ''. Budgetary code of Ukraine. Retrieved 19 Jul 2017. Jump up ^ `` The World Factbook ''. Retrieved 5 January 2016. Jump up ^ `` HM Treasury Accounts Direction 2008 -- 09 '' ( PDF ). hm-treasury.gov.uk. Jump up ^ Business tax : Self - employment, HM Revenue & Customs, retrieved 17 May 2017 Jump up ^ `` Key Dates for UK Tax Year 2015 / 2016 ''. www.taxback.com. Retrieved 2015 - 12 - 01. Jump up ^ Joseph, Pat ( 2008 ). Tax Answers at A Glance 08 09 ( illustrated ed. ). Lawpack Publishing Ltd. p. 5. ISBN 1 - 905261 - 81 - 0. Jump up ^ Steel, Duncan ( 2000 ). Marking time : the epic quest to invent the perfect calendar ( illustrated ed. ). John Wiley and Sons. p. 5. ISBN 0 - 471 - 29827 - 1. Jump up ^ The Statutes at Large and Treaties of the United States of America, Volume 5. Boston : Charles C. Little & James Brown. 1856. pp. 536 -- 537. ^ Jump up to : `` Basic Information About Which States Have Major Taxes and States ' Fiscal Years ''. National Conference of State Legislatures. July 13, 2012. Retrieved June 19, 2018. Jump up ^ `` Code of the District of Columbia, Title 1. Government Organization § 1 -- 204.41. Fiscal year ''. Council of the District of Columbia. Retrieved June 19, 2018. Calendars Systems Lunar Lunisolar Solar In wide use Astronomical Bengali Chinese Ethiopian Gregorian Hebrew Hindu Iranian Islamic ISO Unix time In more limited use Akan Armenian Assyrian Bahá'í ( Badí ' ) Balinese pawukon Balinese saka Berber Buddhist Burmese Chinese Gaelic Germanic heathen Georgian Hindu or Indian Vikram Samvat Saka Igbo Iranian Jalali ( medieval ) Hijri ( modern ) Zoroastrian Islamic Fasli Tabular Jain Japanese Javanese Korean Juche Kurdish Lithuanian Malayalam Mongolian Melanau Nanakshahi Nepal Sambat Nisg̱a'a Oromo Romanian Somali Sesotho Slavic Slavic Native Faith Tamil Thai lunar solar Tibetan Vietnamese Xhosa Yoruba Types Runic Mesoamerican Long Count Calendar round Christian variants Coptic Julian Revised Liturgical year Eastern Orthodox Saints Historical Attic Aztec Tonalpohualli Xiuhpohualli Babylonian Bulgar Byzantine Celtic Cham Culāsakaraj Egyptian Florentine French Republican Germanic Greek Hindu Inca Macedonian Maya Haab ' Tzolk'in Muisca Pentecontad Pisan Rapa Nui Roman calendar Rumi Soviet Swedish Turkmen By specialty Holocene ( anthropological ) Proleptic Gregorian / Proleptic Julian ( historiographical ) Darian ( Martian ) Dreamspell ( New Age ) Discordian / Pataphysical ( surreal ) Proposals Calendar reform Hanke -- Henry Permanent International Fixed Pax Positivist Symmetry454 Tranquility World New Earth Time Fictional Discworld Greyhawk Middle - earth Stardate Star Wars ( Galactic Standard Calendar ) Displays and applications Electronic Perpetual Wall Year naming and numbering Terminology Era Epoch Regnal name Regnal year Year zero Systems Ab urbe condita Anno Domini / Common Era Anno Mundi Assyrian Before Present Chinese Imperial Chinese Minguo Human Era Japanese Korean Seleucid Spanish Yugas Satya Treta Dvapara Kali Vietnamese List of calendars Retrieved from `` https://en.wikipedia.org/w/index.php?title=Fiscal_year&oldid=849682344 '' Categories : Financial accounting Calendars Units of time Hidden categories : CS1 French - language sources ( fr ) CS1 Indonesian - language sources ( id ) CS1 Korean - language sources ( ko ) Use dmy dates from March 2013 Articles needing additional references from June 2012 All articles needing additional references All articles with unsourced statements Articles with unsourced statements from May 2014 Articles with unsourced statements from January 2016 Talk Contents About Wikipedia Беларуская Беларуская ( тарашкевіца ) ‎ Български Català Cymraeg Dansk Deutsch Eesti Español Esperanto Euskara فارسی Français ગુજરાતી 한국어 हिन्दी Ирон Italiano עברית ಕನ್ನಡ Қазақша Magyar മലയാളം Bahasa Melayu Nederlands 日本 語 Oʻzbekcha / ўзбекча پښتو Polski Português Română Русский Shqip Simple English Suomi Svenska தமிழ் తెలుగు ไทย Türkçe Українська اردو Tiếng Việt 中文 36 more Edit links This page was last edited on 10 July 2018, at 16 : 42 ( UTC ). Text is available under the Creative Commons Attribution - ShareAlike License ; additional terms may apply. By using this site, you agree to the Terms of Use and Privacy Policy. Wikipedia ® is a registered trademark of the Wikimedia Foundation, Inc., a non-profit organization. About Wikipedia

Question: when does the financial year end in australia
Answer: 30 June