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There are several reasons to change a company's financial year-end. One common reason is to align it with the tax year or the calendar year, allowing for easier financial planning and reporting. Some businesses may prefer to set their year-end before a busy summer season to defer profits and taxes or just after a peak period to have ample time for year-end preparations. Additionally, changing the year-end may be advantageous for making large pension contributions or purchasing significant assets, as it allows for tax relief to be applied in a later tax period. These changes can benefit the business financially based on its specific operational needs and circumstances.