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How long should I keep bank statements for?
Rosebud24
Posts: 62 Forumite
Hi everyone,
How long would you recommend keeping bank statements for? I really need to declutter and have a couple of files worth of statements, mostly for a current account. I'm not sure if the following has any bearing on this but my finances are quite simple and I'm not self-employed. Last year I reclaimed tax going back six years for tax overpaid whilst I was a student, so I don't anticipate having to claim or pay extra tax again soon. I haven't had to pay any bank charges at any point.
On a similar note, do I have to keep wage slips or is it enough to keep P60s and P45s?
Thanks in advance for your advice.
How long would you recommend keeping bank statements for? I really need to declutter and have a couple of files worth of statements, mostly for a current account. I'm not sure if the following has any bearing on this but my finances are quite simple and I'm not self-employed. Last year I reclaimed tax going back six years for tax overpaid whilst I was a student, so I don't anticipate having to claim or pay extra tax again soon. I haven't had to pay any bank charges at any point.
On a similar note, do I have to keep wage slips or is it enough to keep P60s and P45s?
Thanks in advance for your advice.
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Comments
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As the law goes, anything over 6 years old is defunct. So I keep everything in order for 6 years, then shred.Debts at LBM (May '08) £5760 - Lloyds CC £4260, Lloyds OD £1500;Debts as of May 28th 2011:Santander CC: £0.00Lloyds OD : £0.00DFW Nerd #1247 - Proudly dealt with my Debts
Olympic 2012 Challenge #12
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