btc

meibaker
meibaker Registered Posts: 481 Dedicated contributor 🦉
hello,i get really confused on the lenght of the time,
how many years do we need to keep the documents relating to tax return for sole trader ? and how many for limited company?
how long we need to keep teh documents for chargeable gain and capital gain tax purpose?
thnaks

Comments

  • Beth
    Beth Registered Posts: 40 Regular contributor ⭐
    I've read:
    Individuals - 5 years from the 31st January following the tax year
    Company -6 years from the end of the accounting period

    Or later if an enquiry is taking place!

    I guess that gain documentation would need to be kept for the same length of time...
  • meibaker
    meibaker Registered Posts: 481 Dedicated contributor 🦉
    thanks beth!
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