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un-receipted expenses

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    un-receipted expenses

    I need to convice my accountant that I can claim £5 daily without receipts for parking, based on a document i found produced by manager.co.uk stating


    "Parking fees are an allowable un-receipted expense to the maximum value of £5 per day.
    These will need to be detailed on the expense claim form."

    Is anybody else aware of this & if so can you provide a link to it on hmrc website. I have looked and cannot find anything.

    #2
    Why not just ask for a reciept when you park the car? Or use the parking ticket? Surely that has the price on?
    Last edited by pickle; 25 May 2007, 09:19.

    Comment


      #3
      What do you pay for it with, cash or card? You need proof of purchase, so get a receipt or a CC slip or even keep the time-stamped ticket, if you can't (which seems unlikely), don't even try 'cos if you ever get a VAT compliance visit and there isn't an audit trail, there'll be trouble. Which is why the accountant is being risk averse.
      Blog? What blog...?

      Comment


        #4
        Originally posted by DaveP
        I need to convice my accountant that I can claim £5 daily without receipts for parking, based on a document i found produced by manager.co.uk stating


        "Parking fees are an allowable un-receipted expense to the maximum value of £5 per day.
        These will need to be detailed on the expense claim form."

        Is anybody else aware of this & if so can you provide a link to it on hmrc website. I have looked and cannot find anything.
        I am a little confused ? Have you got a different accountant to manager.co.uk,
        if so then stick with what your accountant is saying and don't take the p**s.

        You either pay for parking or you don't, if you pay for it then you have proof just submit it.

        Comment


          #5
          Originally posted by DaveP
          I need to convice my accountant that I can claim £5 daily without receipts for parking, based on a document i found produced by manager.co.uk stating


          "Parking fees are an allowable un-receipted expense to the maximum value of £5 per day.
          These will need to be detailed on the expense claim form."

          Is anybody else aware of this & if so can you provide a link to it on hmrc website. I have looked and cannot find anything.
          The bit from Manager.co.uk is a dispensation that they have agreed for THEIR client and HMRC - not every Tom, Dick & Harry.

          If you want the same you need to write to HMRC asking for the dispensation and outlining the benifits that HRMC will get from you using this policy.

          Once it's comfirmed, then you can claim without the reciept.
          Cenedl heb iaith, cenedl heb galon

          Comment


            #6
            But when you get investigated they will still expect to see the receipt!!!

            Comment


              #7
              VAT compliance ? With the flat rate scheme the focus is on income, so you cannot claim VAT on expenditure (with some exceptions).

              The dispensation given by umbrella's is about their accounts, not yours. It's best to keep the receipt if you get one.
              It's my opinion and I'm entitled to it. www.areyoupopular.mobi

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