Requirements differ by business type and can change over time, so treat this as a general starting point rather than a definitive list — and confirm your own obligations with your adviser.
Commonly kept records
- Sales invoices and receipts issued
- Supplier invoices and expense receipts
- Bank, card and payment platform statements
- Payroll records and employee details
- Contracts, leases and loan agreements
- Asset purchases and disposals
Keeping them usable
Records only help if they can be found. Consistent naming, digital copies stored securely, and monthly rather than annual filing make an enormous difference when a question arises.