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lunch as an expense

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    lunch as an expense

    I have a ltd company and am contracting on a 9 month contract at a compaies office..

    Would I normally be able to make a subsistence claim with my lunch recepits or has that all stopped now?

    thanks

    #2
    1. Ask your accountant. That's what you pay him/her for.

    2. Read this:
    http://www.hmrc.gov.uk/guidance/480.pdf
    "You’re just a bad memory who doesn’t know when to go away" JR

    Comment


      #3
      I have asked my accountant.

      Im just getting a 2nd opinion if that is alright with you?

      Comment


        #4
        You can claim what you like. What you actually need to ask is do you have to pay tax on it as earned income, and is it output VAT (to which the answer is no, btw).
        Blog? What blog...?

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          #5
          Originally posted by westredd View Post
          I have asked my accountant.

          Im just getting a 2nd opinion if that is alright with you?
          If you don't trust your accountant's advice get another accountant.
          "You’re just a bad memory who doesn’t know when to go away" JR

          Comment


            #6
            Originally posted by westredd View Post
            I have asked my accountant.

            Im just getting a 2nd opinion if that is alright with you?
            If it alright with you, can you tell us what your accountant said?

            Comment


              #7
              My moral in life is never trust anyone.

              There is no harm in seeing what other people have to say about matters that are important to you.

              Comment


                #8
                When I wasted my money on an accountant they said not, other contractors have said same.

                Generally, expenses are only allowable if not something you would incur anyway . Evening meals when away ok as you are probably spending more than if you were at home, lunches at work are same if you were living at home or staying away.
                bloggoth

                If everything isn't black and white, I say, 'Why the hell not?'
                John Wayne (My guru, not to be confused with my beloved prophet Jeremy Clarkson)

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                  #9
                  FWIW I think you can claim it as a tax-deductible expense with no benefit-in-kind issues. We have previously discussed here:-

                  http://forums.contractoruk.com/accou...tml#post275406

                  Comment


                    #10
                    Originally posted by SueEllen View Post
                    If you don't trust your accountant's advice get another accountant.
                    You have an attitude problem.

                    Ill decide if I need another accountant or not thankyou,.

                    All im doing is throwing a subject at the forum. If my question rubs you the wrong way feel free not to contribute.

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