DUTY TO KEEP AND PRESERVE RECORDS

Related Commentary  Related HMRC Manuals

9(1)  A purchaser who is required to deliver a land transaction return must–

(a)keep such records as may be needed to enable him to deliver a correct and complete return, and

(b)preserve those records in accordance with this paragraph.

9(2)  The records must be preserved until the end of the later of the relevant day and the date on which–

(a)an enquiry into the return is completed, or

(b)if there is no enquiry, the Inland Revenue no longer have power to enquire into the return.

9(2A)  “The relevant day” means–

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