CH12200 - Record Keeping: What records must be kept: VAT: Specific records to be kept
Every taxable person must keep
- their business and accounting records
- a VAT account, see CH12300
- a Refunds for Bad Debts Account
- copies of all VAT invoices issued or received (V1-24A explains what a VAT invoice must contain)
- all certificates relating to
- acquisitions by them of goods from other EU member states, and
- supplies by them of goods or services
where those acquisitions or supplies are either zero-rated or treated as taking place outside the UK
- documentation received relating to acquisitions of goods from other EU member states
- copy documentation issued or received relating to the transfer, dispatch or transportation of goods to other EU member states
- documentation relating to importations and exportations
- all credit notes, debit notes, or other documents that are received or issued which show an increase or decrease in consideration
- any self-billing agreement to which they are a party and the name, address and VAT registration number of each supplier with whom they have entered into any self-billing agreement.