1. Overview

VAT-registered businesses must:

How to keep VAT records

You must keep VAT records for at least 6 years (or 10 years if you use the VAT MOSS service.

You can keep VAT records on paper, electronically or as part of a software program (eg book-keeping software). Records must be accurate, complete and readable.

If you’ve lost a VAT invoice or it is damaged and no longer readable, ask the supplier for a duplicate (marked ‘duplicate’).

HMRC can visit your business to inspect your record keeping and charge you a penalty if your records aren’t in order.

You can hire a professional (eg an accountant) if you need help with your VAT.