A6.631 Statutory records

A6.631 Statutory records

Information or a document forms part of a person's statutory records if it is information or a document which the person is required to keep and preserve by either the Taxes Acts or by any other legislation relating to the taxes covered by compliance checks (see A6.602). Information and documents cease to be a person's statutory records when the period for which they must be preserved has expired.

Business records that have to be kept for tax purposes become statutory records when they are created (which means that current, in-year records can be inspected where inspection is justified).

Any

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