MyCo liquidated Sept' 2018 - when can I shred the paperwork?

[ladymuck]

I had records going back to my first gig in 2005 which I was keeping 'just in case'. I ended up buying an earlier version of one of these:

https://www.amazon.co.uk/ScanSnap-iX.../dp/B08QDBY4QN

Very fast, and means I can just dump everything in an S3 bucket or whatever. Chances are you won't ever need them, but like the cable I chucked away a few months ago and then needed the next week, it'll be a PITA if you do.

I have a ScanSnap S510 that I bought when XP was shiny new. It's still going strong and just seems to work. Replaced the brushes on it once as it started to pick up multiple sheets but otherwise a really good, compact bit of kit.

In answer to the OP, when I used to keep paper copies of everything, I would shred them at 7 years rather than six but I have a load of boxes in storage that are far older than that.

Nowadays, everything is electronic - I scan receipts and then bin them - and it's stored in OneDrive and backed up to my Synology NAS that has a OneDrive connector to directly pull updates overnight.

[hobnob]

Do people routinely destroy company records after 6 years even when still contracting?

I use FreeAgent for my company accounts, and I've attached pdfs (for invoices) and photos (for train tickets) to various transactions. I don't know whether it's possible to delete data from previous years, but I'm not planning to do it.

This fits in with my general attitude of "keep everything just in case". However, thinking about data protection, there should be a retention schedule for any PII (which includes storing it in specific locations). So, some information should be deleted on a regular basis.