Schedules
Schedule 14Administration of multinational top-up tax
Part 9Record-keeping requirements
31
1
The filing member of the group must—
a
keep such records as may be needed to enable it to deliver correct and complete returns if required, and
b
preserve those records in accordance with this paragraph.
2
The records must be preserved until the end of the relevant day.
3
“The relevant day” means—
a
the later of—
i
the ninth anniversary of the last day of the accounting period to which the records relate, and
ii
if a self-assessment return relating to that accounting period is submitted and a notice of enquiry into that return has been given before the anniversary referred to in sub-paragraph (i), the day at the end of the period of six months beginning with the day the enquiry is completed;
b
such earlier day as may be specified in a notice published by HMRC (and different days may be specified for different cases).
4
The duty to preserve records may be satisfied—
a
by preserving them in any form and by any means, or
b
by preserving the information contained in them in any form and by any means,
subject to any conditions or exceptions specified in a notice published by HMRC.