CH13300 - Record Keeping: How records may be preserved: Original documents that must be kept

There are certain documents that must be retained in their original form, see CH13100. These are as follows.

  • Where a person receives a qualifying distribution from a company and is entitled to a tax credit, they must retain any written statement showing
  • the amount or value of the qualifying distribution, and
  • the amount of the tax credit in respect of the distribution.
  • Where a person receives a payment and an amount representing income tax has been deducted from it, they must retain any written statement showing
  • the gross amount of the payment
  • the sum deducted from it, and
  • the actual amount paid.
  • Where a person receives a payment under a construction contract, they must retain any written statement showing
  • the gross amount of the payment
  • the sum deducted from it, and
  • the actual amount paid.
  • A person must retain any record that is required to make a correct and complete claim in respect of or relating to an amount of tax
  • which has been paid under the laws of a territory outside the UK, or
  • which would have been so payable but for a relief promoting development in the overseas territory and which is provided for in the double taxation agreement with the territory.

TMA70/S12B (4)

TMA70/SCH1A/PARA3

FA98/SCH18/PARA22