Tax Returns

[smurfchops]

Having a clear out, and OH has been retired for 10 years as a self employed plumber although we do still pay tax on a property we rent out. Do we need to keep any paperwork/tax return notifications from accountant, before 2014? Thanks all.

[Cloverjo]

I thought you have to keep paperwork for 7 years. Not sure though. I’m only a bookkeeper not an accountant. Hopefully someone more knowledgeable will be along soon.

[pixie374]

We have to legally keep them for 7 years.

[Buenchico]

Quote:
"You must keep your records for at least 5 years after the 31 January submission deadline of the relevant tax year"

Source:
https://www.gov.uk/self-employed-records/how-long-to-keep-your-records

[smurfchops]

Thanks all, I will keep for 7 years to be on the safe side. Whenever I have a clear out there is always something I should have kept ...