Quarter day

In British and Irish tradition, the quarter days were the four dates in each year on which servants were hired, school terms started, and rents were due. They fell on four religious festivals roughly three months apart and close to the two solstices and two equinoxes.

The significance of quarter days is now limited, although leasehold payments and rents for land and premises in England are often still due on the old English quarter days.

The quarter days have been observed at least since the Middle Ages, and they ensured that debts and unresolved lawsuits were not allowed to linger on. Accounts had to be settled, a reckoning had to be made and publicly recorded on the quarter days.

The English quarter days (also observed in Wales and the Channel Islands) are

Lady Day was also the first day of the year in British dominions (excluding Scotland) until 1752 (when it was harmonised with the Scottish practice of 1 January being New Year's Day). The British tax year still starts on "Old" Lady Day (6 April under the Gregorian calendar corresponded to 25 March under the Julian calendar: 11 days new-style calendar advance in 18th century plus 1 day due to the twelfth skipped Julian leap day in 1800; however it was not changed to 7 April when a thirteenth Julian leap day was skipped in 1900). The dates of the Quarter Days observed in northern England until the 18th century were the same as those in Scotland.

The cross-quarter days are four holidays falling in between the quarter days: Candlemas (2 February), May Day (1 May), Lammas (1 August), and All Hallows (1 November). The Scottish term days, which fulfil a similar role as days on which rents are paid, correspond more nearly to the cross-quarter days than to the English quarter days.

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Wikipedia