ICTA and Leap year: Difference between pages

Revision as of 17:48, 12 March 2016

Leap years are years which contain 366 days, compared with common years which have 365 days.

The extra day in a leap year is February 29.

Years divisible by 4 are normally leap years, with some exceptions.

All of the years divisible by 4, between 1904 and 2096 inclusive, were or will be leap years.

1900 was not a leap year.

2100, 2200 and 2300 will not be leap years.

The rules for determining leap years are:

If the year is divisible by 4, it will normally be a leap year. For example, 2016, 2020 and 2024.
If it is divisible by 100, it will not normally be a leap year. For example, 2100 and 2200.
An exception to the exception are years divisible by 400. For this reason, 2000 was a leap year, and 2400 will be one too.

The reason for the rules is to approximate the true number of astronomical days in a year, which is 365.24.

@@ Line 1: / Line 1: @@
-'''1.'''
+Leap years are years which contain 366 days, compared with common years which have 365 days.
-The UK Income and Corporation Taxes Act 1988.
+The extra day in a leap year is February 29.
-Mostly amended and replaced by later Acts of Parliament.
+Years divisible by 4 are normally leap years, with some exceptions.
-'''2.'''
+All of the years divisible by 4, between 1904 and 2096 inclusive, were or will be leap years.
-The UK Income and Corporation Taxes Act 1970.
-Repealed in 1992.
+was not a leap year.
+, 2200 and 2300 will not be leap years.
-== See also ==
-* [[Corporation Tax]]
-* [[Corporation Tax Act]]
-[[Category:Compliance_and_audit]]
+The rules for determining leap years are:
-[[Category:Accounting,_tax_and_regulation]]
+* If the year is divisible by 4, it will normally be a leap year.  For example, 2016, 2020 and 2024.
+* If it is divisible by 100, it will not normally be a leap year. For example, 2100 and 2200.
+* An exception to the exception are years divisible by 400. For this reason, 2000 was a leap year, and 2400 will be one too.
+The reason for the rules is to approximate the true number of astronomical days in a year, which is 365.24.
+==See also==
+[[Effective annual rate]]