2006-09-02 12:54:18 · 13 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ United Kingdom
as long as you want
2006-09-02 12:57:08 · answer #1 · answered by investing1987 3 · 0⤊ 0⤋
6 years
2006-09-03 10:52:53 · answer #2 · answered by snarleye 2 · 0⤊ 0⤋
Both Income/Corporation Tax & VAT require 6 years records.Bear in mind that a tax return has a final filing date of 31st Jan of the following year & an Inland Revenue" window" for enquiries of a further 12 months.So you are talking 2 years anyway.My experience as an accountant prior to self assessment suggested that once cessation returns are dealt with the file is archived in some way.Certainly much paperwork is ent to store fairly quickly & rarely retrieved.
2006-09-04 04:26:21 · answer #3 · answered by TEDDYB 1 · 0⤊ 0⤋
The answer is 5 years especially if you were VAT reg. its necessary as well you know..
Any further enquiries with regards to accounts etc,.
Just visit the customs & Excise website. look up the correct web address relevent to your area by visiting www.192.com best of all its free & you can check a whole variety of info even company house records.
hope all goes well.. Kev
2006-09-02 13:15:31 · answer #4 · answered by kevie 1 · 0⤊ 0⤋
For a company, it is 6 years for Companies House. If you are a business, it will not apply.
For HMRC (Tax office), you need to keep records for 5 years.
Other than that, as long as you want
2006-09-02 13:02:17 · answer #5 · answered by Anonymous · 0⤊ 0⤋
further to Grant (G!) Leech; Business Consultant's comments which are right. You are under no obligation to keep any company records if you have sold it, the company is. You have to keep personal records as normal and may choose to keep some company records to back you up in cause someone accuses you of fraud.
2006-09-04 00:50:47 · answer #6 · answered by jewelking_2000 5 · 0⤊ 0⤋
HMRC can raise a claim for back taxes for up to six years in the case of a mistake and for an unlimited time if criminal intent is suspected.
2006-09-02 16:08:48 · answer #7 · answered by CeeVee 3 · 0⤊ 0⤋
Inland Revenue says you should keep your records for 6 years....
so u only have 3 years to go
2006-09-05 02:09:29 · answer #8 · answered by Pat 4 · 0⤊ 0⤋
at least 3 years max 6 years
2006-09-03 20:25:22 · answer #9 · answered by Anonymous · 0⤊ 0⤋
you can get rid of any finalised accounts and paperwork relating to it after six years...therefore accounts ending April 2000 can now be destroyed etc...regardless if you are a sole trader, partnership, Ltd or PLC
2006-09-04 09:11:20 · answer #10 · answered by ~Lez~ 2 · 0⤊ 0⤋
6years I believe (for a Ltd company registered at companies House)
2006-09-02 13:00:09 · answer #11 · answered by cornwall_seo 2 · 0⤊ 0⤋