Part 2 Duty to Keep and Preserve Records
Finance Act 2013 (2013 c 29) | Legislation

Part 2 Duty to Keep and Preserve Records

Duty to keep and preserve records

5

(1)     A person who is required to deliver a return for a chargeable period must—

(a)     keep any records that may be needed to enable the person to deliver a correct and complete return, and

(b)     preserve those records in accordance with this paragraph.

(2)     The records must be preserved until the end of the later of the relevant day and the date on which—

(a)     an enquiry into the return is completed, or

(b)     if there is no enquiry, an officer of Revenue and Customs no longer

Powered by Lexis+®
 

Popular documents

LEXISNEXIS

A married but non-cohabiting couple are looking to extend their leave under Tier 2 (General). They have

A married but non-cohabiting couple are looking to extend their leave under Tier 2 (General). They have not been living at the same address in the UK since 2017 but are in a genuine relationship. What effect will this have on their extension application?Immigration Rules, Part 8, para 319C sets out

LEXISNEXIS

Fiduciary Duties

Fiduciary DutiesWho is a fiduciary?There is no comprehensive list of the relationships which give rise to the existence of fiduciary duties under common law. Some relationships are automatically fiduciary, eg those between trustee and beneficiary, solicitor and client, principal and agent, business

LEXISNEXIS

Resulting trusts

Resulting trusts represent one of the three types of trust which do not require to be declared or evidenced in writing. The others are constructive and implied trusts, although it is perhaps doubtful whether there is any form of implied trust which is not in fact either a resulting trust or a

LEXISNEXIS

Negligence—when is the duty of care breached?

Negligence—when is the duty of care breached?Having established that a duty of care exists (see Practice Note: Negligence—when does a duty of care arise?), it is then necessary to consider whether or not there has been a breach of that duty. This will depend on a number of factors outlined below and