Frequently asked questions · Records, invoices and retention

How long must you keep purchase records?

Four countries, four periods. This is the figure you need most often and that sits nowhere side by side.

In Belgium ten years for your VAT records — extended from seven to ten by the law of 20 November 2022. In the Netherlands seven years, in France five years after the register is closed, and in the United Kingdom six years, and longer for as long as the piece is unsold.

The period does not start at the same moment everywhere either. In the Netherlands it only runs from the point where the data lose their current value; in France from the closing of the register.

For a second-hand business the sting is in the British clause: as long as a piece sits on your shelf, the duty to keep records runs on. A cabinet standing there for eight years carries its purchase record for eight years — and only then does the period begin.

How long you have to keep it

Belgium 10 years

VAT records; extended from seven to ten years in 2022

Netherlands 7 years

from the moment the data lose their current value

France 5 years

counted from the closing of the register

UK 6 years

and longer for as long as the piece is unsold

Sources, each checked on 30 August 2026: article 60 of the Belgian VAT Code (extended from seven to ten years by the law of 20 November 2022), the Belastingdienst (Netherlands), service-public.gouv.fr (France) and gov.uk, VAT margin schemes — Keeping records (UK).

Where it goes wrong in practice

Where this comes from

Sources, each checked on 30 August 2026: article 60 of the Belgian VAT Code (extended from seven to ten years by the law of 20 November 2022), the Belastingdienst (Netherlands), service-public.gouv.fr (France) and gov.uk, VAT margin schemes — Keeping records (UK).

This is an explanation, not tax or legal advice. Put your own situation to your accountant.

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Also worth knowing

Can a sold piece disappear from your list?

No. The temptation to delete a row as soon as something sells is strong, but that is precisely the moment you need it: the purchase price and date are your evidence for the margin, and the retention period only starts running then. In France that is five years after closing, in Belgium ten years.

Read the full answer

Which registers does the margin scheme require?

A purchase register listing every item you want to sell under the margin scheme, a sales register for what goes out, and a comparison register tying purchase and sale together. Together they make the profit margin ascertainable — which is exactly the amount you pay VAT on. No registers, no margin scheme.

Read the full answer

Every piece with its purchase price, photo and origin in one place

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