Balance date– meaning and definition

What is a balance date?

A balance date marks the end of the financial year. For most businesses the financial year begins 1 April and ends the following 31 March. Balance dates can vary depending on the industry. You can apply to change your balance date through the IRD website.

Balance date– video guide

Rob Gilmore, our Client Care Manager, explains what a balance date is.

Further Resources for Paying Tax: