R103 – Recordkeeping Requirements by Country
Country | Minimum Retention Period | Notes |
|---|---|---|
United States (IRS) | 3 years (sometimes up to 7 years) | 3 years normally; 6 years if underreporting >25%; 7 years if filing a claim for a loss |
United Kingdom (HMRC) | 5 years | Measured from the 31 January submission deadline |
Canada (CRA) | 6 years | Retain after the end of the last tax year the records relate to |
Germany | 10 years | Applies to accounting and financial records |
Spain | 4 years | Standard for individual taxpayers |
Italy | 5 years | From the date the tax return is filed |
Ireland | 6 years | Applies to self-assessment taxpayers |
India | 6 years | After the end of the relevant assessment year |
Japan | 7 years | Required for income tax purposes |
South Africa | 5 years | After filing a tax return |
Australia (ATO) | 5 years | From when you lodge your return |
New Zealand | 7 years | Applies to business and individual taxpayers |
✅ Always retain both digital and physical backups of your Netrunner reports for compliance.
Updated on: 28/01/2026
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