How long do you need to keep your records for?

How long do you need to keep your records for?

Business records if you’re self-employed You must keep your records for at least 5 years after the 31 January submission deadline of the relevant tax year. HM Revenue and Customs (HMRC) may check your records to make sure you’re paying the right amount of tax....
Super-Deduction

Super-Deduction

New capital allowances super-deduction Companies thank incur corporation tax can invest in new plant and machinery in the two years from 1 April 2021 are able to benefit from two new first-year allowances, including a super-deduction of 130%. Details of the measure...