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How long should company records be retained for?

Company business and accounting records need to be retained for at least six years from the end of your Corporation Tax accounting period. For example, if your accounting period ends on 31 March 2016, you’ll need to keep the records for that period until at least 31 March 2022.

If you don't retain your records you could be charged a penalty of up to £3,000.

 

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