Running a paperless office (update)

A friend raised question a question with regard to keeping digital taxation records. Are you sure you can do that? Well, a quick search on our Government's ATO website revealed a positive answer:

Electronic records

Documents that you are required to keep can be in written or electronic form. If you make paper or electronic copies they must be a true and clear reproduction of the original.

We recommend that if you store your records electronically you make a back-up copy to ensure the evidence is easily accessible if the original becomes inaccessible or unreadable (for example, where a hard drive is corrupted).

Source: Australian Government, Australian Taxation Office, Keeping your tax records, Electronic records