Taxation - Retention schedule

Description

This service includes the following functions:

  • business rates
  • council tax
  • vat
  • partial exemption
  • opt to tax
  • ir35
  • cis
  • HMRC correspondence
Retention period
Asset reference Function Description Retention period Statutory provisions
Asset reference: FI.10.1 Function: Taxation Description:
  • business rates
  • council tax
  • vat
  • partial exemption
  • ir35
  • cis
 Retention period: Last action plus 10 years Statutory provisions:
  • Customs and Excise Management Act 1979. 
  • VAT Guide – C & E Notice 700/21
  • Taxes Management Act 1970 s.34
Asset reference: FI.10.2 Function: Taxation - opt to tax Description: Opt to tax Retention period: Last action plus 20 years then review Statutory provisions:
  • VATA 1994, Sch 10, para 20
Asset reference: FI.10.3 Function: Taxation - HMRC correspondence Description: HMRC correspondence Retention period: Permanent Statutory provisions:
  • HMRC - Compliance Handbook

 

Reference number
FI.10