where do keep your statements?

Keeping_Motivated

Yes thats a point so for me if I decided to move or remortgage then I would start keeping statements as soon as I decided that but for the moment I have no real reason to bother keeping them especially not 7 years worth.

sons_2

Keeping_Motivated wrote: »

Yes thats a point so for me if I decided to move or remortgage then I would start keeping statements as soon as I decided that but for the moment I have no real reason to bother keeping them especially not 7 years worth.

Got to be honest I keep 6 years, but that is because of how I earn a living and advice from my accountant. 7 years is a little much, as you have said as well you can start to keep them before you remortgage - amazing the number of people who don't though.

olly300

Keeping_Motivated wrote: »

I'm not sure why people keep bank statements if they are not self employed and if they check their banking is correct monthly online?

Anyone who has to complete a tax return should keep statements for 7 years as the tax man is always right.

cottager

OH is self-employed and we're told by his accountant to keep his records for the past 6 tax yrs (in practice we make it 7) plus the same for anything in our joint names as it also involves him; but for me as a private individual stuff in my sole name only needs to be kept for 3 yrs. It cropped up on a similar thread a while ago, and there was a comment about the 3 for me:
If you get divorced you may be asked to provide financial information covering the last 5 years.
This doesn't apply for us, but just passing it on

PROLIANT

PAYE - no need to keep bank statements for any length of time, employers problem.

Extant

PROLIANT wrote: »

PAYE - no need to keep bank statements for any length of time, employers problem.

Except this is only applicable for employers collecting for employees - for those of us who have income beyond our regular wages or salaries, we still have to fill out a tax return to make sure we're paying the right amount.

hens00

Natwest are a nightmare when trying to get those silly little ring binder folders from them.

I have a few accounts with them, and on 2 occasions when I first opened the accounts, they didnt send me the statement folders. When I tried contacting them, they seemed very reluctant to send me them because I was told "they cost money to produce". Talk about being tight.

ffacoffipawb

The_Plush_Doormat wrote: »

I notice that you work in IT. Any chance of writing a program for me based on SQL that might help me communicate with my 15 year old son?

Prompt Teenage Translator Program
select a.language = b.language
from adult a
inner join teenager b
on a.name = b.name
;

SQL> /

SQL> no results found

marcellep

I scan all my documents on to my PC and then save them on to Removable Hard Drive - THis is in addition to the paper copy that I file away each and every month. I keep mines for 6yrs

debralee_2

I keep all of my bills and statements in an A4 ringbinder.