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Can I keep scanned copies of my receipts instead of the originals?

It's important to keep business records such as invoices, receipts and bank statement for at least 6 years.  However, HRMC now accept scanned  / electronic copies of these documents as long as they "represent a complete and unaltered copy of the underlying paper document."  Source HMRC.

If you choose to only keep scanned copies please bear in mind that you need a suitable method to store them such that they are not lost in the event of a computer 'mishap'!  Think stolen laptop or damaged hard-drive...

One solution is to use an on-line storage facility such as DropBox with 2GB of free storage space.

Alternatively, Tempo has built the facility for you to store scanned expense receipts within our on-line system...Please see our blog for more information.