Tax record retention: what you need to know

Good tax record retention is a key characteristic of any well-organised business or self-employed individual. Tax records provide objective evidence of financial activities and typically include payslips, invoices and receipts – amongst other types of document. Careful retention of these documents is important because Her Majesty’s Revenue and Customs (HMRC) can request a detailed account…

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how much does shredding cost

How much does it cost to shred documents?

To ensure that company, customer and employee information is protected, businesses need to shred or destroy certain documents at specific times. Legislation is strict, and compliance with the Data Protection Act is key to avoid failing foul of the law. Organisation found to be in breach of this act can face a financial penalty of…

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retention of medical records

Retention of medical records: a short guide

There are many factors involved in the provision of high-quality patient care. The most obvious being access to good medical professionals and facilities. For doctors, administrators and other hospital staff, access to essential patient information has an enormous impact on the services they deliver. Given the number of illnesses, ailments, emergencies and chronic conditions that…

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legal document retention

Legal Document Retention: a short guide

It’s important for legal firms to have a strong records management policy due to the large amounts of sensitive documents that they handle, including different types of agreements, instructions, and case notes. It’s largely agreed across the profession that the minimum legal document retention period should be at least six years for most types of…

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history of records management

The History of Records Management

The formal practice of records management has a surprisingly interesting history. Over a century ago, attitudes and processes were far less methodical, and records were retained in a haphazard fashion – if at all. Changing laws, technologies and the needs of an increasingly interconnected world have spurred businesses and governments to improve their record management…

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