Commentary

A6.914 Record keeping and retention

Administration and compliance

A6.914 Record keeping and retention

A6.914 Record keeping and retention

For each employee, employers must keep records of all payments made, taxable benefits and expenses reimbursed, and PAYE and National Insurance deducted (both employer's and employee's). They must also keep all coding notices from HMRC (these should now be in an electronic format)1. As these records are specified in legislation, they constitute 'statutory records'. HMRC therefore have the power to require their production and to inspect them2, see A6.631. There is no right of appeal against a requirement to produce statutory records.

Period of retention of records

Employers and contractors are required to keep records for

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