Q1 2025: January 1 to March 31. Q2 2025: April 1 to June 30. Q3 2025: July 1 to September 30. Q4 2025: October 1 to December 31.
The traditional calendar quarters that make up the year are:
Dates for Q1: January 1 – March 31. Dates for Q2: April 1 – June 3. Dates for Q3: July 1 – September 30. Dates for Q4: October 1 – December 31.
FY2027: September 27, 2026–September 25, 2027 (52 weeks, or 364 days) FY2028: September 26, 2027–September 30, 2028 (53 weeks, or 371 days) FY2029: October 1, 2028–September 29, 2029 (52 weeks, or 364 days)
As of January 2026, most entities are in Fiscal Year 2026 (FY26), having moved from FY25 (July 2024-June 2025 or Oct 2024-Sept 2025) into the new fiscal year, with the US Federal Government's FY25 ending September 30, 2025, and their FY26 starting October 1, 2025.
The standard calendar quarters that make up the year are as follows: January, February, and March (Q1) April, May, and June (Q2) July, August, and September (Q3) October, November, and December (Q4)
The points where the quartiles are split have specific names:
Federal government
The current fiscal year is the fiscal year 2026 and is abbreviated FY26 or FY2025-26. It began 1 October 2025 and will end on 30 September 2026. Source: Fiscal years are used by the United States federal government for accounting purposes.
In South Africa, the current 2025 tax year runs from the 1st of March 2024 to the 28th of February 2025.
Calendar year – 12 consecutive months beginning January 1 and ending December 31. Fiscal year – 12 consecutive months ending on the last day of any month except December. A 52-53-week tax year is a fiscal tax year that varies from 52 to 53 weeks but does not have to end on the last day of a month.
Our planet takes approximately 365.25 days to orbit the sun once. It's that . 25 that creates the need for a leap year every four years. During non-leap years, aka common years – like 2025 – the calendar doesn't take into account the extra quarter of a day required by Earth to complete a single orbit.
2027 (MMXXVII) is the upcoming year, which will be a common year starting on Friday of the Gregorian calendar, the 2027th year of the Common Era (CE) and Anno Domini (AD) designations, the 27th year of the 3rd millennium and the 21st century, and the 8th year of the 2020s decade.
For example, Fiscal Year 2026 runs from July 1, 2025 – June 30, 2026. Each fiscal year is further broken down into segments called "fiscal periods."
Standard calendar quarters are as follows:
First Quarter (Q1): January 1st to March 31st. Second Quarter (Q2): April 1st to June30th. Third Quarter (Q3): July 1st to September 30th. Fourth Quarter (Q4): October 1st to December 31st.
5 April 2025: End of the 2024/25 tax year. 6 April 2024: Start of the 2025/26 tax year.
However, you should file as soon as possible. Generally, you have three years from the tax return due date to claim a tax refund. That means for 2025 tax returns (typically due in April of 2026), the window closes in 2029.
That means your take home pay will be $55,383 per year, or $4,615.25 per month. Your average tax rate is 20.88% and your marginal tax rate is 32.5%.
According to the Chinese Zodiac, the year 2025 is the year of the snake. This animal has long been regarded in Japan as an auspicious being that brings about good fortune and fertility.
From October 1 to November 12, 2025, the federal government of the United States was shut down as Congress failed to pass appropriations legislation for the 2026 fiscal year.
The third quartile (Q3) is the 75th percentile, where the lowest 75% data lies below this point.
You can calculate each quartile using the following formula:
Why Scopus Quartile Ranking Matters for Researchers