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There are several reasons to change a company's year-end. One reason is to align the year-end with the fiscal or calendar year, which many people prefer. Additionally, businesses with seasonal trends, such as busy summers, may opt for a year-end just before or after peak periods to manage profit reporting and tax payments more effectively. There may also be specific circumstances that necessitate a change, such as the need to make significant contributions to a pension or the purchase of equipment shortly after the current year-end to secure tax relief. Overall, adjustments to the year-end can serve various strategic business needs.