Legally, no. In most cases, though, a digital copy of your receipt will be sufficient.
Please note that this article provides general guidance only. Tax rules may vary depending on your individual situation. When in doubt, ask your Tax Coach.
The physical proof of an expense can be requested during a tax audit. Keeping the originals means the Tax Authority cannot argue that your receipts were altered.
In most cases, a digital copy will be sufficient.
We recommend keeping all your receipts in a secure place that you only need to open in the event of a complex tax audit. You do not need to physically send your documents to anyone on a monthly, quarterly, or yearly basis. A metal shoebox will do the job 😉.
Accountable is working with the Ministry of Finance to improve this situation. Stay tuned for more updates.
Need help? Chat with us or email support@accountable.eu, we're happy to help.