PART 3TAX RETURNS, ENQUIRIES AND ASSESSMENTS
CHAPTER 2... DUTIES TO KEEP AND PRESERVE RECORDS
38F1Duty to keep and preserve records: cases where a tax return is required
(1)
A person who is required to make a tax return must—
(a)
keep any records that may be needed to enable the person to F2demonstrate that the tax return is correct and complete, and
F3(b)
preserve any records that may be needed for that purpose.
(2)
The records must be preserved until the end of the later of the relevant F4date and the F4date on which—
(a)
an enquiry into the tax return is completed (see section 50), or
(b)
if there is no enquiry, F5the enquiry period ends (see section 43(1A)).
F6(3)
The ““relevant date”” is the sixth anniversary of whichever is the later of—
(a)
the filing date, and
(b)
if the return has been made and subsequently amended under section 41, the date on which notice of amendment is given under that section.
(3A)
But if WRA specifies an earlier date under this subsection, the “"relevant date”” means the date specified.
(4)
F9(5)
In this Chapter, “"records”” includes supporting documents (for example, accounts, books, deeds, contracts, vouchers and receipts).
F10(6)
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F11(7)
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F12(8)
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