Quantcast
  1. Welcome to Bantam Talk

    Why not register for an account?

    Not only can you then get fully involved in the community but you also get fewer ads

  2. Premium Membership now Available


    Please see this thread for more details

    Dismiss Notice

Most liked posts in thread: Financials

  1. bantam65

    bantam65 Important Player
    P.L.22/23 Entrant P.L.23/24 Entrant Supporter

    Joined:
    Apr 8, 2018
    Messages:
    9,002
    Likes Received:
    11,063
    Once again I think they're only for your reference (apart from possibly the most recent P60)
    I am however no expert on these matters.
     
    Storck likes this.
  2. Frank Castle

    Frank Castle Captain
    Moderator P.L. 20/21 Entrant Supporter

    Joined:
    Apr 9, 2018
    Messages:
    1,383
    Likes Received:
    2,345
    You can get everything online now so there's no need to keep anything.

    I haven't had a paper wage slip, P60 or bank statement for well over 5 years now.
     
    Craven Cottager likes this.
  3. Tony Wilkinson

    Tony Wilkinson Squad Player
    P.L.22/23 Entrant P.L.23/24 Entrant Supporter P.L. 20/21 Top 10

    Joined:
    Apr 9, 2018
    Messages:
    6,865
    Likes Received:
    9,085
    It's 6 years after close or sale of business...

    That includes purchase and sales invoices but bank statements are available on line for years..
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
    Storck likes this.
  4. bantam65

    bantam65 Important Player
    P.L.22/23 Entrant P.L.23/24 Entrant Supporter

    Joined:
    Apr 8, 2018
    Messages:
    9,002
    Likes Received:
    11,063
    If they are personal bank statements I don't think there is any requirement at all to keep them. They are just a record for you, aren't they?
     
  5. Storck

    Storck Regular Starter

    Joined:
    Apr 8, 2018
    Messages:
    38,588
    Likes Received:
    29,405
    also stuff like wage slips and P45, P60
     
  6. WilsdenBantam

    WilsdenBantam Squad Player
    Qatar 2022 Entrant P.L.22/23 Entrant P.L.23/24 Entrant Euro 2020

    Joined:
    Apr 14, 2018
    Messages:
    7,167
    Likes Received:
    15,456
    I’m not sure there are ‘legal requirements’ but good practice imo is:

    Bank statements - 12 Months
    Bills - 12 months
    Receipts - 3 years
    Wage related - 5 years

    I’ve never caught myself needing these things after that amount of time. Wage related you should be able to get from your previous employer if needed.
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
  7. Storck

    Storck Regular Starter

    Joined:
    Apr 8, 2018
    Messages:
    38,588
    Likes Received:
    29,405
    I know we can only get P60 back to when we went online for wage slips 3 years ago
     
  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice