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Why is my Xero balance and statement balance different?
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Ltd Company records must be kept for 6 years from the last date of financial year they relate to.
Sole Traders and Partnership have to keep records for five years after the 31st January following the tax year they relate to.
Damion Viney has been supporting business owners to make a success of their ventures since 2011 when he set up Co-. Blogs cover all aspects of business development. He is co-author of Improving the Numbers.