Noun. 1. orthoclase-a white or colored monoclinic feldspar. feldspar, felspar-any of a group of hard crystalline minerals that consist of aluminum silicates of potassium or sodium or calcium or barium.rÂ·thoÂ·clase. A type of feldspar consisting of potassium aluminum silicate. Orthoclase is typically white, pink, yellow, or brown, but it can also be colorless. It is especially common in igneous rocks.
Year of Assessment. 'Year of Assessment' (YA) refers to the year in which income tax is calculated and charged. The assessment is for the income earned in the preceding year, starting on 1 Jan and ending on 31 Dec. Example: For YA 2017, the assessment is for income earned from Jan to Dec 2016. Back to top.
Tax Years. You must figure your taxable income on the basis of a tax year. A âtax yearâ is an annual accounting period for keeping records and reporting income and expenses. An annual accounting period does not include a short tax year. Calendar year - 12 consecutive months beginning January 1 and ending December 31.