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Saving statements after changing Bank Accounts


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If you are on PAYE and have no other taxable income, then it's extremely unlikely IR would want to see your statements.

 

If you are not on PAYE then IR may need to see your bank statements if you are subjected to an investigation. They may need to audit your accounts.

If you use Internet Banking, then it may be sufficient if you download your monthly statements on a regular basis.

 

IR could ask to see your bank statements at any time, for whatever reason they feel fit.

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