Record-keeping and tax
Please note: record-keeping and tax guidance from HM Revenue & Customs can be found on the GOV.UK website. We provide links to the key information below.
Introductory guidance on record-keeping
Business records if you're self-employed
Records and paperwork you must keep if you're self-employed - income, costs, profit, how long to keep records
Record-keeping for specific taxes
Self Assessment: guide to keeping records
Advice on what records you need to keep for tax purposes and how long you need to keep them
Keeping records for your tax return
Advice about what records to keep for tax purposes and how long to keep them
Keeping your pay and tax records
Personal pay and tax records you must keep to fill in a Self Assessment tax return
VAT record keeping
Keeping records for VAT - invoices, VAT account, sales and purchase records for reclaiming VAT
Pension trustees: record keeping
As the trustee of a registered pension scheme you are responsible for accurate record keeping to support your tax returns
Records to keep for trusts
Records of a trust's income and expenses need to be kept to complete the Trust and Estate Tax Return and pass information to beneficiaries
Software and checks for record-keeping
Commercial software suppliers of record keeping applications
Simple record keeping applications including cash basis and simplified expenses specifications
Record keeping checks on your business
Businesses must keep records to fill in their tax returns correctly, pay the right tax at the right time to avoid interest and penalties
Record-keeping for international trade
Archiving your trade documents
You're required to keep records for all traded goods you declare to HMRC for four years, for duty and tax purposes and for government statistics
