• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • FREE webinar: What does a post IR35 reform CV look like? : Wed, Jul 28, 2021 7:15 PM - 8:15 PM BST More details here.

Questions about expenses [merged]

Collapse
This topic is closed.
X
X
Collapse
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Questions about expenses [merged]

    I'm a director of a LTD company and I'm travelling a hour each morning to my client for a contract. I am allowed to claim all food I buy on the way there and on the premises as a business expense?

    #2
    Originally posted by ItRYmyBEst View Post
    I'm a director of a LTD company and I'm travelling a hour each morning to my client for a contract. I am allowed to claim all food I buy on the way there and on the premises as a business expense?
    Yes, and any confectionery and fizzy drinks as well.
    I'm not even an atheist so much as I am an antitheist; I not only maintain that all religions are versions of the same untruth, but I hold that the influence of churches, and the effect of religious belief, is positively harmful. [Christopher Hitchens]

    Comment


      #3
      Certainly while you're there... I think breakfast/evenings are out unless it's an overnight stay or a very early start.

      Comment


        #4
        No.

        Eat your breakfast and your dinner (tea/supper if you from up North) at home.

        If you randomly have to get to your client's site at 5am then and only then can you claim your breakfast.
        "You’re just a bad memory who doesn’t know when to go away" JR

        Comment


          #5
          Originally posted by SueEllen View Post
          No.

          Eat your breakfast and your dinner (tea/supper if you from up North) at home.

          If you randomly have to get to your client's site at 5am then and only then can you claim your breakfast.
          +1

          If you don't have the facilities to make breakfast / lunch / tea (eg you are staying away from home in a hotel), then you claim it.

          Food clearly has a duality of purpose.
          Best Forum Advisor 2014
          Work in the public sector? You can read my FAQ here
          Click here to get 15% off your first year's IPSE membership

          Comment


            #6
            It's not hard to research this type of thing yourself. Whilst doing this you may also glean other bits of useful advice that you didn't know. You could even ask your accountant. A search brings a raft of threads on exactly this as well and again you might actually find something new out reading up on it rather than asking a single question..


            https://www.google.co.uk/search?q=fo...m=122&ie=UTF-8
            'CUK forum personality of 2011 - Winner - Yes really!!!!

            Comment


              #7
              It's all you can eat, not all you can fit in your car.
              Originally posted by MaryPoppins
              I'd still not breastfeed a nazi
              Originally posted by vetran
              Urine is quite nourishing

              Comment


                #8
                There is no specific rules that distinguish between lunch, breakfast or dinner unless you're using scale rates.

                The general rule is that you're allowed to claim for any subsistence that is attributable to business travel or work at a temporary workplace (subject to 24 month rule).

                What this means in practice is any costs that you wouldn't have incurred if you weren't travelling.

                I can't find any reference that says you can't claim for breakfast or dinner, what's important is that they are attribute to your travel.

                There are examples and more details here:
                EIM31816 - Travel expenses: general: accommodation and subsistence: subsistence costs: examples

                In practice, this means if for whatever reason you need to get breakfast on the way to work, or get dinner out as you are working late, then the cost is allowable.

                But don't let the fact that its tax deductible lead you to think that getting breakfast and dinner out each day is a good idea as its not going to save you money in real terms.

                Comment


                  #9
                  Buying a macbook on gumtree with cash as business expense.

                  Can I buy a macbook on gumtree with cash as business expense, as long as I take a picture of the original receipt as a Proof of purchase that the buyer had? It will cost me less than this receipt though.

                  Comment


                    #10
                    The original purchasers receipt is meaningless.

                    Just get the person selling it to you to give you a recipt in their name - doesn't matter that they are not a business - for the amount you are paying them.

                    If they won't for some reason, then write your own out in a petty cash slip. H and if they won't give you a recipt be cautious, is it hooky?

                    And as the vendor is not a business, no vat to claim back.

                    Comment

                    Working...
                    X