Expenses Receipts Originals or scans?

[TheCyclingProgrammer]

Keep original copies of dividend vouchers as they contain a tax credit, but most other things can be scanned rather than kept in boxes in your loft/study/garage etc.

Note: original copy could still be electronic (e.g. PDF) which is still ok.

[TheCyclingProgrammer]

+1 on Clare's point. The same also applies with bank interest certificates which is often forgotten.

It's a lot more hassle but the best thing to do it keep both. If you lose the data on your computer, you have the original document stored in your loft - & vice versa if you lose the original copes.

Paper copies are far more likely to be lost IMO as they are susceptible to being damage, destroyed or thrown out by mistake.

Digital copy plus a regular backup routine seems to be the pragmatic option.

Good article here: http://www.freeagent.com/central/wil...iness-expenses

Makes a good point about scanning the back of the receipt too if it contains any important information.