How long should I keep my receipts for?

The Income Tax Act (ITA) generally requires books, records and other supporting documents to be retained for a minimum of six years from the end of the year to which they relate. If you filed a tax return late, the six-year period begins the day you filed the tax return.

Various other documents such as share certificates, special contracts and agreements have a different retention requirement.

To discuss your specific situation, please contact us.