Financial and Records documenting: Current financial/tax c.9 * 1970 c.9 Taxes Management Management the issue of sales invoices and the processing of incoming year + 6 years Act 1970 Accounting payments. c.58 Limitation Act 1980 the receipt and payment of purchase invoices. c.23 Value Added Tax Act 1994 the payment and/or reimbursement of employees' expenses. HMCE 700/21 * HM Customs & the payment of honoraria to third parties. ** Unless honoraria Excise Notice 700/21: Keeping [VAT] are administered through the payroll. records and accounts the receipt and processing of students' fees. the preparation of annual accounts. the preparation and filing of the College's tax returns. Annual Accounts. Financial Records containing data on, and analyses of, performance against the Current financial year Planning, for the implementation of the College's finance strategy. + 1 year Policies and Records documenting: Procedures and the preparation of annual operating budgets. budgeting analyses of the internal deployment of the College's financial resources. the processing of internal accounting transactions between operating units (i.e. cross-charges). Records containing reports of performance against the plans for Current financial year the implementation of the College's finance strategy. + 10 years Records documenting the conduct and results of audits and reviews of the finance management function, and responses to the results. the development and establishment of the College's finance management policies.
Financial and Management Accounting Records documenting: the issue of sales invoices and the processing of incoming payments. the receipt and payment of purchase invoices. the payment and/or reimbursement of employees' expenses. the payment of honoraria to third parties. ** Unless honoraria are administered through the payroll. the receipt and processing of students' fees. the preparation of annual accounts. the preparation and filing of the College's tax returns. Annual Accounts. Current financial/tax year + 6 years c.9 * 1970 c.9 Taxes Management Act 1970 c.58 Limitation Act 1980 c.23 Value Added Tax Act 1994 HMCE 700/21 * HM Customs & Excise Notice 700/21: Keeping [VAT] records and accounts Financial Planning, Policies and Procedures and budgeting Records containing data on, and analyses of, performance against the for the implementation of the College's finance strategy. Records documenting: the preparation of annual operating budgets. analyses of the internal deployment of the College's financial resources. the processing of internal accounting transactions between operating units (i.e. cross-charges). Current financial year + 1 year Records containing reports of performance against the plans for the implementation of the College's finance strategy. Records documenting the conduct and results of audits and reviews of the finance management function, and responses to the results. the development and establishment of the College's finance management policies. Current financial year + 10 years
Document_Retention_Schedule_08.05.18.docx