This is a slightly quirky, but fascinating podcast from Rob. If you have ever wondered why the UK personal tax year starts on April 6th instead of January 1st as it does in so many other countries, Rob has the answer. It is more complex and interesting than you could ever imagine, it involves a pope, a king, and 11 lost days.

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KEY TAKEAWAYS

• In the 15th century, the UK´s year was divided into 4 quarters starting on the 25 of December, March, etc.
• The 25th of March was the start of the year.
• At that time, the Julian calendar was used by the UK. Whereas Europe used the Gregorian calendar which aligned with the lunar year.
• After several hundred years of the UK using a different calendar, they were out of sync with Europe by 11 days.
• The treasury´s efforts to realign the UK with Europe is what created today´s tax year start. Just listen to the podcast to get the full story.

BEST MOMENTS

‘Most of the world, quite sensibly… chooses to have their taxes start on New Year´s Day.’

‘March 25th, Ladies day that was the start of the new year (UK).’

‘Everyone adopted the Gregorian calendar. However, England at the time did not do so.’

VALUABLE RESOURCES

The Property Nomads Website 

Buy to Let: How to Get Started – By Rob Smallbone (Amazon)

ABOUT THE HOST 

Rob Smallbone the host of The Property Nomads Podcast, is on a global mission to guide your success. Success can happen in many ways, shapes, and forms. Think about what success means to you. More properties? More clients? Financial freedom? Time freedom?

Rob wants to make a huge difference to people around the world. He is here to guide your success in property, business, and life and to inspire you to achieve your goals, dreams, and visions. He's travelled, explored, and invested. And he's not planning on stopping these activities anytime soon.

Buckle up, sit tight, and enjoy the ride that is life.

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