What is 'financial year end'?

It is required that a company has a financial year end, a start and an end date.

The most common practice is that a company should have their financial year end on the 28th of February every year, and the financial year will start on the 1st of March every year.

This helps make things easier when SARS does tax returns.

You can change your financial year end date at any time by contacting us to file changes with the CIPC.

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