Jul 15, 2003 10:29
21 yrs ago
1 viewer *
Flemish term

maatschappelijk jaar

Flemish to English Bus/Financial non-profit NGO
Under the heading 'Account, budget' of a non-profit association.

Is it the 'association year' or is it another term for 'tax year'? Or something else?
TIA
Proposed translations (English)
5 +1 tax year
4 +2 Accounting reference period

Proposed translations

+1
10 mins
Selected

tax year

in de zin van 'financial year' zoals dat hier wel eens wordt gebruikt. Tax year is indeed correct.

Bv.:
... The non-profit organization NUBEL vzw (Nutriënten BELgië) is ... Profit for the financial year 11 033.39 8 566.71 ... Recovery from the tax-free reserves 63.74 1.63 ...
www.dolmen.be/pdf/en/jaarverslag/ hoofdstuk10%20JAARRAPORT%202002%20ENG.pdf
Peer comment(s):

agree Ariser
6 hrs
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4 KudoZ points awarded for this answer. Comment: "splitting the points here would have been the best solution. Evert's answer was best for my particular context but Jarry's answer is equally superb. Thanks to you both."
+2
37 mins

Accounting reference period

See: http://www.lawfirmuk.net/english/accounting.htm
The Financial Year for a new company will start on the day of incorporation of the company. All companies are required to produce annual accounts that set out the company's activities and performance during the year. The period is called " The Financial Year" was also known as the "Accounting Reference Period".
Peer comment(s):

agree Ariser
6 hrs
agree Chris Hopley
5 days
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