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financial year
noun
any annual period at the end of which a firm's accounts are made up
the annual period ending April 5, over which Budget estimates are made by the British Government and which functions as the income-tax year
Example Sentences
The discount airline, which has operated flights for over 20 years, is set to make a A$35m loss this financial year.
The department says 270 million messages will be sent through the NHS app this financial year - an increase of 70 million on the previous year.
However, this is a backward looking picture - and the new tariffs were expected to raise considerably more revenue over a full financial year.
Nurses have been offered a 3.6% pay rise for this financial year, below the offer for other NHS staff including doctors and dentists.
Figures also show that 218 officers left the organisation after a period of psychological sick leave in the latest financial year, compared to 74 in 2021-22.
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