DURING PERIOD refers to actual hours worked, injuries or lost days during the actual period that the data is being calculated. 2. The number of hours worked includes all part time or seasonal workers, overtime and Z-time. It does not include time paid which is not. worked such as vacation, holiday, illness, leave of absence or unassigned days. 3. The number of cases with lost work time as defined by OSHA.
For example your company is obliged to keep all information relevant for VAT purposes for as long as six years. That means that any emails dealing with VAT must be kept for that period as a minimum. Of course financial records arenât the only pieces of information subject to these kinds of laws.
I would advise you to keep records and tax returns for the years that include out-of-the-ordinary transactions (sales or donations of property), and income from activities such as stock option exercises, trust income, etc., for six years after the filing date of the return. find that in the case of tax returns, many people are afraid to discard them or confused as to how long they should keep them. The result is that they keep them all. One client told me he kept every tax return he filed going back over 30 years! Keeping all of your financial papers that long is not a good strategy.