What Can I Include On Company Expenses, To Reduce Tax Bill?

[northernladuk]

I know!

But it's little victories...

I've stopped claiming my Netflix cos I only use it when away, that's cost me a quid a month or so, which is best part of a pint in Leeds, but not in Farnborough...

Well you will be a millionaire before me that's for sure I bow to your thrift.

[LisaContractorUmbrella]

Not all expenses are due to a specific contract - for example getting a company laptop, company phone, company website, company email, advertising etc. They are just the cost of doing business.

Agreed - just umbrella company phraseology

[CloudWalker]

I've heard Office furniture can be claimed (e.g) Desk / Chair / Pen Tidy
But a LazyBoy Heated seat might take the pi$$

[AnotherGuy]

If you’re staying overnight you can claim the cost of accommodation, plus a round £5 overnight allowance (or £10 if abroad)

So, if you stay overnight due to work, apart from the usual expenses like hotel, train tickets and meals which you need receipts, you can claim a further £5 (or £10 abroad) per night?

Can you claim it even if you don't expend it wholly?
That is £500 if you have to stay 100 nights, for instance, not amazing but...

[northernladuk]

Google is your friend.

[AnotherGuy]

Google is your friend.

Actually yes, I found this old thread via google

I've been trying to find some more information about this allowance but most threads are very old and not to the point. I decided to just choose this one as seems to be related.

[LondonManc]

Actually yes, I found this old thread via google

I've been trying to find some more information about this allowance but most threads are very old and not to the point. I decided to just choose this one as seems to be related.

Have you tried googling your accountant?

[northernladuk]

http://www.makeitbalance.co.uk/categ...ness-expenses/

Or the official line...
https://www.gov.uk/expenses-benefits...enses/overview

[SueEllen]

Actually yes, I found this old thread via google

I've been trying to find some more information about this allowance but most threads are very old and not to the point. I decided to just choose this one as seems to be related.

Have you tried googling HMRC?

[AnotherGuy]

Have you tried googling your accountant?

Yes.

This was the answer:

The incidental expenses cannot be claimed if you have already claimed the actual expenses, please refer to the HMRC fact sheet on incidental costs which states you cannot claim for the incidental costs.

Sections 240 and 241 ITEPA 2003
"Employees who stay away from home overnight may incur incidental expenses for which no relief is permitted under the deduction rules in Part 5 ITEPA 2003. For example, they may buy newspapers, pay for laundry or phone home. These expenses are not incurred necessarily in performing the duties of the employment"

Just wanted to have a second opinion. I've claimed accomodation (hotel), travel and meals when I've had to stay overnight. I didn't know about the £5 "Incidental Overnight Expenses" so that's why I'm asking, if the £5 is let's say, on top of the other expenses, as it seems to be.