What is the 2023 to 2024 financial year?
This report includes entitlements determined during the 1 July 2023 to 30 June 2024 financial year. The current Financial Year is FY 2024-25.For example, if your financial year is from April 1, 2023, to March 31, 2024, it is known as FY 2023-24. The assessment year for the income earned during this period would start after the financial year ends, from April 1, 2024, to March 31, 2025.
What is Q1, Q2, Q3, and Q4 in financial year?
Quarter 1: Jan. March 30. Quarter 2: April 1 through June 30. Quarter 3: July 1 through Sept. Quarter 4: Oct. Dec. It is also a 12 month period which starts on 1st April of the next year of financial year and ends on 31st March of the following one. Example: For period 1st April 2023 to 31st March 2024, the financial year is 2023-24. Example: For period 1st April 2023 to 31st March 2024, the assessment year is 2024-25.A quarter in finance is a three-month period within the year. Traditionally, the first quarter (Q1) refers to January, February, and March. Each subsequent three-month period represents Q2, Q3, and Q4.Q1, Q2, Q3, Q4 – These stand for the four quarters of the year: • Q1: Jan–Mar • Q2: Apr–Jun • Q3: Jul–Sep • Q4: Oct–Dec 🔹 H1 & H2 – These refer to halves of the year: • H1 (First Half): Jan–Jun • H2 (Second Half): Jul–Dec 🔹 FY – Short for Fiscal Year, which may or may not align with the calendar year depending on the .
Which is the current financial year?
The current financial year is FY 2024-25, and the corresponding assessment year is AY 2025-26. Fiscal years are named using the year when the period ends. For instance, a fiscal year that runs from 1 April 2023 to 31 March 2024 is called FY24. The tax year is an example of a fiscal year. See related terms.Calendar year – 12 consecutive months beginning January 1 and ending December 31. Fiscal year – 12 consecutive months ending on the last day of any month except December. A 52-53-week tax year is a fiscal tax year that varies from 52 to 53 weeks but does not have to end on the last day of a month.Fiscal years are named using the year when the period ends. For example, the US federal government fiscal year starts on October 1, 2024 and ends on September 30, 2025, this is referred to as FY25. Read more on how you can get prepared for the end of fiscal year.What is the meaning of financial year? A Financial Year (FY) is the 12-month period between 1 April and 31 March – the accounting year in which you earn an income.
What is Q1 Q2 Q3 Q4?
Q, it means the first quarter. Q2 then logically means the second quarter of the year. Q3 means the the third quarter of the year, and Q4 means the last and fourth quarter of the year. Q1 corresponds to January, February, and March of the year. Q4—also known as quarter-four or the fourth quarter—is the last quarter of the financial year for both corporations and other organizations. Many companies’ Q4 dates follow the calendar year, starting on Oct. Dec.
What is Q1, Q2, Q3, and Q4 in financial year?
Timeframe of a Quarter Q1: January, February, March. Q2: April, May, June. Q3: July, August, September. Q4: October, November, December. Q1: January, February, March. Q2: April, May, June. Q3: July, August, September. Q4: October, November, December.Q1 2025: January 1 to March 31. Q2 2025: April 1 to June 30. Q3 2025: July 1 to September 30. Q4 2025: October 1 to December 31.