Different financial years
When living in different countries (or doing business/remote work overseas), be aware of the different financial years. Have a look at the list* of Countries (list taken from the website of UNO) along with their respective Financial year below. The best advice I can give is to keep track of where you lived incl. the exact dates and countries. And if there are visas involved, also be aware what this might do to your tax. To save time, money and headaches, get professionals to help you with this.
*This list is not my creation, I took the information below from Tax Ninja, therefore the information contained in this post is true as per reasonable prudence and may deviate from your information.
| Fiscal Year | Countries (list by UNO) |
| 1st April - 31st March | Antigua and Barbuda |
| Barbados | |
| Belize | |
| Botswana | |
| Brunei Darussalam | |
| Canada | |
| Eswatini (commonly Known as Swaziland) | |
| India | |
| Jamaica | |
| Japan | |
| Kuwait | |
| Lesotho | |
| Namibia | |
| New Zealand | |
| Qatar | |
| Saint Lucia | |
| Singapore | |
| South Africa | |
| 1st July - 30th June | Australia |
| Bahamas | |
| Bangladesh | |
| Bhutan | |
| Cameroon | |
| Dominica | |
| Egypt | |
| Kenya | |
| Malawi | |
| Mauritius | |
| Nauru | |
| Pakistan | |
| Tonga | |
| Uganda | |
| United of Republic of Tanzania | |
| 1st October - 30th September | Haiti |
| Lao People’s Democratic Republic | |
| Marshall Islands | |
| Micronesia (Federated States of) | |
| Myanmar | |
| Palau | |
| Thailand | |
| Trinidad and Tobago | |
| United States | |
| 16th July - 15th July | Nepal |
| 21st December - 20th December | Afghanistan |
| 21st March - 20th March | Iran |
| 6th April - 5th April | United Kingdom |
| 8th July - 7th July | Ethiopia |
| 1st June - 31st May | Samoa |
| 1st January - 31st December | Albania |
| Algeria | |
| Andorra | |
| Angola | |
| Argentina | |
| Armenia | |
| Austria | |
| Azerbaijan | |
| Bahrain | |
| Belarus | |
| Belgium | |
| Benin | |
| Bolivia | |
| Bosnia and Herzegovina | |
| Brazil | |
| Bulgaria | |
| Burkina Faso | |
| Burundi | |
| Cambodia | |
| Cape Verde | |
| Central African Republic | |
| Chad | |
| Chile | |
| China | |
| Colombia | |
| Comoros | |
| Congo (Republic of the) | |
| Costa Rica | |
| Côte d’Ivoire | |
| Croatia | |
| Cuba | |
| Cyprus | |
| Czechia (Czech Republic) | |
| Democratic People’s Republic of Korea | |
| Democratic Republic of the Congo | |
| Denmark | |
| Djibouti | |
| Dominican Republic | |
| Ecuador | |
| El Salvador | |
| Equatorial Guinea | |
| Eritrea | |
| Estonia | |
| Fiji | |
| Finland | |
| France | |
| Gabon | |
| Gambia | |
| Georgia | |
| Germany | |
| Ghana | |
| Greece | |
| Grenada | |
| Guatemala | |
| Guinea | |
| Guinea-Bissau | |
| Guyana | |
| Honduras | |
| Hungary | |
| Iceland | |
| Indonesia | |
| Iraq | |
| Ireland | |
| Israel | |
| Italy | |
| Jordan | |
| Kazakhstan | |
| Kyrgyzstan | |
| Latvia | |
| Lebanon | |
| Liberia | |
| Libya | |
| Liechtenstein | |
| Lithuania | |
| Luxembourg | |
| Madagascar | |
| Malaysia | |
| Maldives | |
| Mali | |
| Malta | |
| Mauritania | |
| Mexico | |
| Monaco | |
| Mongolia | |
| Montenegro | |
| Morocco | |
| Mozambique | |
| Netherlands | |
| Nicaragua | |
| Niger | |
| Nigeria | |
| Norway | |
| Oman | |
| Panama | |
| Papua New Guinea | |
| Paraguay | |
| Peru | |
| Philippines | |
| Poland | |
| Portugal | |
| Republic of Korea | |
| Republic of Moldova | |
| Romania | |
| Russian Federation | |
| Rwanda | |
| Saint Kitts and Nevis | |
| Saint Vincent and the Grenadines | |
| San Marino | |
| Sao Tome and Principe | |
| Saudi Arabia | |
| Senegal | |
| Serbia | |
| Seychelles | |
| Sierra Leone | |
| Slovakia | |
| Slovenia | |
| Solomon Islands | |
| South Sudan | |
| Spain | |
| Sri Lanka | |
| Sudan | |
| Suriname | |
| Sweden | |
| Switzerland | |
| Syria | |
| Tajikistan | |
| The former Yugoslav Republic of Macedonia | |
| Timor Leste | |
| Togo | |
| Tunisia | |
| Turkey | |
| Turkmenistan | |
| Tuvalu | |
| Ukraine | |
| United Arab Emirates | |
| Uruguay | |
| Uzbekistan | |
| Vanuatu | |
| Venezuela | |
| Vietnam | |
| Yemen | |
| Zambia | |
| Zimbabwe | |
| Not Known | Kiribati |
| Somalia |
Tip for backpackers/travellers going down under
I’d definitely recommend Pro Tax Returns in Australia, if you are on a working holiday or student visa, or any visa really.. they’re affordable tax professionals that can help you for sure. And if you get an Information Planet membership you’ll even get an extra discount.
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