SCHEDULES
SCHEDULE 50Record-keeping
Stamp duty land tax
I19
1
Paragraph 4 (duty to keep and preserve records) is amended as follows.
2
In sub-paragraph (2), for “for six years after the effective date of the transaction” substitute
until the end of—
a
the sixth anniversary of the effective date of the transaction, or
b
such earlier day as may be specified in writing by the Commissioners for Her Majesty's Revenue and Customs (and different days may be specified for different cases).
3
After sub-paragraph (3) insert—
4
The Commissioners for Her Majesty's Revenue and Customs may by regulations—
a
provide that the records required to be kept and preserved under this paragraph include, or do not include, records specified in the regulations, and
b
provide that those records include supporting documents so specified.
5
Regulations under this paragraph may make provision by reference to things specified in a notice published by the Commissioners for Her Majesty's Revenue and Customs in accordance with the regulations (and not withdrawn by a subsequent notice).
6
“Supporting documents” includes accounts, books, deeds, contracts, vouchers and receipts.