Tax Authority asks to keep data for 10 years for tax audit purposes. We keep up to 2 Gb of your tax data for free.
As you grow you may need more space you can upgrade your account for tax cloud. We keep all the data according to data residency.
Some of the tax data are personal. Compliance with the GDPR is a top priority for Lovat compliance and our customers. The GDPR aims to strengthen personal data protection in Europe and impacts the way we all do business.
We use Google Cloud who takes a customer-centric approach to protection, control, and compliance.
We use encryption to keep tax data.
Historical information is purged when no longer required. We store tax audit data offline to prevent malicious activity in our application.