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Business entertaining or expense

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    Business entertaining or expense

    If I go out with the project board and execs for a few drinks I know I charge my drinks to the company as Business Entertaining, but what about the travel?
    Is that an expense or more entertaining?
    See You Next Tuesday

    #2
    I would say it’s other business travel (if you can justify a business purpose for attending) or simply personal travel and not deductible.

    The actual costs incurred at the meeting (buying drinks for client) are business entertaining. YourCo can still pay though.

    Also worth bearing in mind that whilst entertaining clients is not tax deductible there also has to be a business purpose to the entertainment (eg discussing a project or new work etc) otherwise any costs paid by the business are a BIK and reportable.

    https://www.gov.uk/expenses-and-benefits-entertainment
    Last edited by TheCyclingProgrammer; 18 May 2018, 10:58.

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      #3
      Originally posted by TheCyclingProgrammer View Post
      I would say it’s eother business travel (if you can justify a business purpose for attending) or simply personal travel and not deductible.

      The actual costs incurred at the meeting (buying drinks for client) are business entertaining.
      Justifying it's easy. Going for drinks with the top-dog and his right-hand is good for renewals.
      See You Next Tuesday

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        #4
        How much are you really talking here?
        'CUK forum personality of 2011 - Winner - Yes really!!!!

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          #5
          Originally posted by northernladuk View Post
          How much are you really talking here?
          next to sweet FA. Just want to file it correctly that's all.
          See You Next Tuesday

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