Just wondering how every else deals with clients who include in their receipts pile ones obviously for pub lunches etc. I am pretty sure that this is not an allowable expense! There seems to be one a month or so.
Hi Lyndsey
I have a client who puts one a day through, for nod booze about £13 each time. When I first saw them I just challenged him and his response 'but it's my tea!' I tried not to laugh. He did then try to say it was subsistence. I told him 'but is vey day and it the pub round the corner from home, so no chance'. I disallow all of them.
Depending where they are for, timing etc you might be able to put some through as subsistence - but you need to find out...just ask. I tell clients I have to ask as I'm trying to squeeze what I can out of HMRC, legally of course, but also protect them against themselves.
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Joanne
Winner of Bookkeeper of the Year 2015, 2016 & 2017
Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.
You should check out answers with reference to the legal position
I thought subsistence was only allowable for self employed if they are away on irregular business trips etc
These are all for pub/restaurants around the local area (I know them all!). He is a car dealer, who works on his own, no employees etc. I can only presume they could be meals out with the people he works with as "team building" (he rents a part of a larger independent dealership). I have just ignored them so far, but I may have a chat.
Oops, 'food and booze'. And that was without having a drink!!
Yes the subsistence is for when away, a reasonable distance from home and outside the normal hours of work.
He may want you to put it through as 'entertaining' although they are discounted for the tax calculation, although then the business pays, as opposed to being dumped to the DLA.
__________________
Joanne
Winner of Bookkeeper of the Year 2015, 2016 & 2017
Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.
You should check out answers with reference to the legal position
