Question:

How to keep your pay and tax records in United Kingdom?

by Guest28047910  |  6 years, 4 month(s) ago

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How to keep your pay and tax records in United Kingdom?

 Tags: Kingdom, pay, records, tax, United

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  1. Guest28047911
    You need to keep records if you have to send HM Revenue & Customs (HMRC) a Self Assessment tax return. You’ll need your records to fill in your tax return correctly. If HMRC checks your tax return, they may ask for the documents. There are no rules on how you must keep records. You can keep them on paper, digitally or as part of a software program (like book-keeping software). If they aren’t accurate, complete and readable, HMRC can charge you a penalty.

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