Happy Old New Year: Why March 25th Still Matters (Especially for Your Taxes)

00:30 Taxes are rising in a stagnant UK
02:23 March was traditionally the British new year, why did it change?
06:20 3 million people now pay basic rate tax
08:55 Trump is introducing tariffs to redress trade imbalances with the USA
11:58 The G20 are pushing for a wealth tax
14:16 Court ruling means holiday lets are assessed for inheritance tax without business tax relief
16:13 The 2024/25 UK tax returns are due
20:00 Which expatriates need to submit a UK tax return?
22:02 How to qualify for the GESY Health service in Cyprus
23:26 Changes to the BBC for expatriates

Did you know that March 25th used to be New Year’s Day in Great Britain? 🌱

In this video, ProACT Sam explores the surprising history of the calendar — from ancient Roman traditions to the 1752 calendar reform that still shapes the UK tax year today.

📅 Learn how:

The Roman 10-month calendar gave us “September” to “December”
March 25th became Lady Day and the official start of the year
Britain resisted the Gregorian calendar until 1752 — and why that still matters for your tax deadlines
The April 5th tax year end came to be
Expat tax obligations in both the UK and Cyprus
This isn’t just history — it affects your returns, deadlines, and inheritance planning.

💼 If you're an expat, contractor, investor, or property owner, this is essential tax knowledge.

📖 Read the full article https://proactpartnership.com/blog/ha...

👉 Need help with UK or Cyprus tax returns, residency, or health cover?
🔗 Contact ProACT: www.proactpartnership.com/contact-us