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Changing a company's year-end can be beneficial for several reasons. First, it may align the financial year with the tax year, making accounting simpler. Companies might prefer a year-end that aligns with their busy seasons, for instance, just before or after summer, to manage profits and tax obligations more effectively. Additionally, there may be strategic reasons to change the year-end, such as timing for pension contributions or purchasing significant equipment. Adjusting the year-end can help ensure that tax reliefs are applied in the most advantageous periods, allowing businesses to optimize their financial planning.