Admim Flashcards
1
Q
What are the time limits for record keeping?
A
Corporation tax - 6 years from the end of accounting period.
Income and capital gains tax - 5th anniversary of the 31st Jan following end of tax year, 1st anniversary if not in business
VAT - 6 years.
PAYE - 3 years from the end of the tax year to which they relate.
