VAT records to be kept

How long do you keep records for?

You must retain all books, records and documents relevant to your business for a period of six years.

You must obtain written permission from the relevant Revenue office to be permitted retention of documents for a shorter period.

If you issue invoices in paper form, they must be retained in paper form.

Paper records must be stored within the State. Exceptions to this require Revenue agreement and are subject to conditions.

Electronic records must be recorded and stored in accordance with the electronic invoicing rules.

Inspection of records

Revenue has extensive powers to inspect your records. It is an offence if you or your employees fail to co-operate with Revenue. Revenue officials will have proof of their identity.