Tax Year Rollover
Every April 6th, a new UK tax year begins. And every year, you face the same tedious admin: archiving last year's data, carrying forward your director's loan balance, resetting your dividend allowance tracker, updating compliance deadlines, and making sure nothing gets lost in the transition. Tax Year Rollover automates the entire process. On April 6th (or your custom accounting year-end), the system archives the completed year, carries forward your DLA balance, resets tax-year-specific counters, updates your compliance calendar with new deadlines, and creates a clean starting point for the new year. Your historical data is always accessible. Your carried-forward balances are always accurate. And you start every new tax year with confidence—not confusion.
Challenges We Solve
Transforming complex problems into seamless automated workflows.
Year-end rollover is manual, stressful, and easy to get wrong
At the end of every tax year, you need to snapshot your DLA balance, archive dividend records, reset allowance trackers, and update compliance dates. Doing this manually in spreadsheets risks carrying forward the wrong numbers—which compounds into bigger problems down the line.
- Fully automated rollover on your year-end date
- DLA balance carried forward with full audit trail
- Dividend allowance and personal allowance counters reset automatically
- Compliance calendar updated with new-year deadlines
Historical data becomes inaccessible after rollover
When you close a year in most tools, accessing last year's data means digging through archives, downloading old backups, or asking your accountant. Comparing year-on-year performance requires manual effort.
- Full historical data accessible at any time—no archives to unzip
- Year-on-year comparison dashboards built in
- Per-year DLA, dividend, and transaction summaries
- One-click export of any prior year's data
Carried-forward balances are a source of constant errors
If your opening DLA balance for the new year doesn't exactly match the closing balance from last year, every subsequent calculation is wrong. These errors often aren't discovered until the accountant reviews—months later.
- Automatic carry-forward with zero manual intervention
- Opening balance verified against closing balance to the penny
- Discrepancy alerts if any adjustment is detected
- Accountant-signed rollover confirmations supported
Key Features
Powerful tools built specifically to accelerate your growth.
Automated year-end archiving
What this means for you: Your year-end data is frozen in time—accurate, complete, and always available.
On your configured year-end date, the system automatically creates a point-in-time snapshot of your DLA, dividend register, compliance status, and financial summaries. This archive is immutable—it can be viewed and exported but never modified.
- Immutable year-end snapshot created automatically
- Full DLA, dividend, filing, and transaction history preserved
- Snapshot date configurable to your accounting year-end
- Archive accessible from a dedicated 'Prior Years' section
Intelligent carry-forward
What this means for you: Your new year starts with perfect data—no manual copying, no reconciliation errors.
Your DLA opening balance, outstanding Section 455 exposure, intercompany loan balances, and compliance deadlines are carried forward automatically. The system checks that every carried-forward number reconciles with the prior year's closing position.
- DLA balance carried forward to the penny
- Section 455 exposure tracked across accounting periods
- Intercompany loan balances maintained for group entities
- Reconciliation check confirms opening = closing balance
Year-on-year comparison and reporting
What this means for you: You can show your board—or yourself—exactly how your financial management has improved.
Compare any metric across years: total dividends declared, DLA movement, compliance score, Section 455 exposure, and filing history. Trend charts show you how your financial management is improving over time.
- Side-by-side year comparison for key metrics
- Trend charts for DLA, dividends, and compliance score
- Exportable year-on-year reports for board and accountant
- Benchmark your performance against prior years
Start every tax year with confidence in under 60 seconds
Tax Year Rollover replaces a stressful manual process with a seamless, automated transition.
- Zero manual data entry during year-end transition
- Carried-forward balances verified automatically to the penny
- Historical data accessible instantly—no archive hunting
- Compliance calendar pre-populated with new-year deadlines
Real-World Scenarios
Seamless April 6th transition
"It's April 6th—the start of a new UK tax year. You log into your portal and see a notification: 'Tax Year 2025/26 has been archived. Tax Year 2026/27 is active. DLA opening balance: £4,200 (carried forward). Dividend allowance reset: £500. Compliance calendar updated.' You click into the new year and everything is ready."
Outcome: Zero admin. Zero errors. The new tax year starts with perfect data.
Accountant year-end review
"Your accountant needs to review the 2025/26 tax year in detail. She opens the Prior Years section, selects 2025/26, and sees the immutable snapshot: full DLA history, all dividend vouchers, every bank transaction, and the compliance status at year-end. She downloads the complete archive as a PDF bundle."
Outcome: Complete year-end data delivered in one click. No reconstruction, no guesswork.
"We used to spend an entire day on year-end rollover—exporting data, carrying forward balances, updating spreadsheets. Now it happens automatically on April 6th. We open the portal and everything is already set up for the new year."
Thomas Reid
CFO, Redwood Group Holdings
Got Questions?
Everything you need to know about the product and billing.
When does the rollover happen?
By default, the rollover happens on April 6th (the start of the UK tax year). If your company's accounting year-end differs, you can configure a custom rollover date in Settings. The system will archive and carry forward on your specified date.
Can I access data from previous years?
Yes. Every archived year is available in the 'Prior Years' section. You can view, search, and export any prior year's data at any time. Archives are immutable—you can view them but not modify them.
What if I need to correct something from last year?
If you need to make a correction, you can create a 'Prior Year Adjustment' in the current year. This preserves the integrity of the archived year while recording the adjustment and its impact on carried-forward balances.