Do I need to continue to keep company records after my company has dissolved?

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Hi

So everything has just come through and my limited company has officially been dissolved. I know as an active limited company you need to keep loads of records. If my company is shut down, do I still need to hold on to all of this stuff? It sure does take up loads of memory space.

Answers

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Yes, you must retain records for a certain period of time after your company has been dissolved:

  • Business records such as receipts, invoices and bank statements should be kept for 7 years from the date of dissolution.
  • Employer’s Liability insurance policy and schedule should be kept for 40 years from the date of dissolution.

You can keep these records in their original form or they can be scanned and kept in digital format for storage convenience.

a year ago
 

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