Fiscal year 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. 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. In Portugal, the fiscal year is the calendar year, 1 January to 31 December. In Qatar, the fiscal year is from 1 January to 31 December. In Romania, the fiscal
Fiscal year 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 In Austria the fiscal year is the calendar year, 1 January to 31 December. In Bangladesh, the fiscal year is 1 July to the next 30 June. In Belarus,