How long should you keep tax documentation before shredding it?
Also asked, how long should I keep documents before shredding?
Bills: One year for anything tax or warranty related; all other bills should be shred as soon as they have been paid. Credit card bills: Shred immediately when paid. Home improvement receipts: Keep until the home is sold. Investment records: Seven years after you've closed the account or sold the security.
Furthermore, how long should you keep utility bills? one year
Simply so, how long should I keep tax records and bank statements?
Generally speaking, hang onto bills and bank statements for at least two years, and insurance documents as long as they are valid. When it comes to tax-related paperwork like pay slips, P45s and so on, HMRC suggests keeping them for at least 22 months from the end of the tax year they relate to.
How long should I keep documents after selling a house?
After you sell the house, keep the documents for three years.