I know this has been asked before - and I am checking our professional guidance on this - but I would like to hear the latest views of other people's practice.
A client has moved to another advisor. This is very rare for us. The new firm's courtesy letter asks us to send them the last 6 years' Tax Returns submitted and all related documents. So far as I can see this is excessive.
We plan on sending them the most recent Tax Return submitted with confirmation that all earlier years' Tax Returns will be in the posession of the client, should they need them, because, each year, we sent to the client a digital copy of the Return and documents to be filed, all for their approval before submission.
I don't think we are obliged to dig out all our past records for the previous five years as well unless you know otherwise.
Any thoughts much appreicted.