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Information retention?

With the new gdpr rules looming how long must an accountant keep information for former clients?

 Money laundering rules state records must be kept for 5 years and hmrc have the previous 6 year rule but I heard recently mention of a 12 year retention period. One aspect of new gdpr is data destruction so how long must we keep tax returns, working papers etc for clients that have stopped trading or moved to another agent?  


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20th Feb 2018 08:25

6 years then they get shredded in my case.

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