This Plus 1 Year icon is a responsive icon. This means that it's optimized for four resolutions, from tiny 16x16 until highly detailed 80x80. The style comes from the latest Microsoft Office, which makes it perfect for any Windows applications, in particular, those with ribbon toolbar control. Unlike other icon packs that have merely hundreds of icons, this monster icon pack contains 15,500 icons, all in the same style and quality.
It's what looks like a small, desktop calendar, with two rings on the top to change the date. It has "+ 1y" meaning add one year, written on the front of the calendar, to be an icon representing the addition of a year for other calendar purposes.