Expenses for Board Meetings...

[AussieDigger]

If a board meeting is held at a restaurant are the expenses claimable ?

[DormantwithCash]

If a board meeting is held at a restaurant are the expenses claimable ?

I believe so.
From your posts, it looks like you are trying to work out all the expenses that you can claim - are you aware of the Xmas party allowance, think it was 150 per person last time I looked.

[Pondlife]

If a board meeting is held at a restaurant are the expenses claimable ?

You claiming the £150 per year for xmas party is perfectly reasonable.

You and the Mrs going on the razzle every weekend at the companies expense would probably raise eyebrows at HMRC.

[AussieDigger]

Yep, aware of the XMAS party expense.

This is an expense related to having a board meeting at the local to work out salary and dividends etc. Its something that happens maybe twice a year at most......

Do we think that's a legit expense ?

[northernladuk]

You are taking the piss.

You do not need a board meeting in a restaurant. You cannot have a meeting while eating. You have the meeting around a table, the meeting ends, the social aspect starts.

If you can't work this type of stuff out for yourself you really shouldn't walking such a fine line between ripping HMRC off and running a business IMO.

[AussieDigger]

You are taking the piss.

You do not need a board meeting in a restaurant. You cannot have a meeting while eating. You have the meeting around a table, the meeting ends, the social aspect starts.

If you can't work this type of stuff out for yourself you really shouldn't walking such a fine line between ripping HMRC off and running a business IMO.

Is it really necessary to be so rude and nasty ? If you've nothing constructive to say, say nothing.

[DaveB]

If you can't find something specific that says you can do it, apply this rule:

If someone told you they were doing it and your immediate response was "Your taking the piss". Don't do it.

[prozak]

Is it really necessary to be so rude and nasty ? If you've nothing constructive to say, say nothing.

I find NorthernLads interjections quite amusing, even though I have been on the end of one of them myself.

We get enough sugar coating in our lives. A frank comment is always refreshing.

[Clare@InTouch]

Yep, aware of the XMAS party expense.

This is an expense related to having a board meeting at the local to work out salary and dividends etc. Its something that happens maybe twice a year at most......

Do we think that's a legit expense ?

I think it's classed as entertainment. The company can pay for it, but it won't be tax deductible for CT purposes.

[SueEllen]

Is it really necessary to be so rude and nasty ? If you've nothing constructive to say, say nothing.

northernladuk is one of those people who calls a spade a spade.