If a board meeting is held at a restaurant are the expenses claimable ?
- 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.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Expenses for Board Meetings...
Collapse
X
-
-
Originally posted by AussieDigger View PostIf a board meeting is held at a restaurant are the expenses claimable ?
From your posts, it looks like you are trying to work out all the expenses that you can claim - are you aware of the Xmas party allowance, think it was 150 per person last time I looked. -
Originally posted by AussieDigger View PostIf a board meeting is held at a restaurant are the expenses claimable ?
You and the Mrs going on the razzle every weekend at the companies expense would probably raise eyebrows at HMRC.Comment
-
Yep, aware of the XMAS party expense.
This is an expense related to having a board meeting at the local to work out salary and dividends etc. Its something that happens maybe twice a year at most......
Do we think that's a legit expense ?Comment
-
You are taking the piss.
You do not need a board meeting in a restaurant. You cannot have a meeting while eating. You have the meeting around a table, the meeting ends, the social aspect starts.
If you can't work this type of stuff out for yourself you really shouldn't walking such a fine line between ripping HMRC off and running a business IMO.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
-
Originally posted by northernladuk View PostYou are taking the piss.
You do not need a board meeting in a restaurant. You cannot have a meeting while eating. You have the meeting around a table, the meeting ends, the social aspect starts.
If you can't work this type of stuff out for yourself you really shouldn't walking such a fine line between ripping HMRC off and running a business IMO.Comment
-
If you can't find something specific that says you can do it, apply this rule:
If someone told you they were doing it and your immediate response was "Your taking the piss". Don't do it."Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.Comment
-
Originally posted by AussieDigger View PostIs it really necessary to be so rude and nasty ? If you've nothing constructive to say, say nothing.
We get enough sugar coating in our lives. A frank comment is always refreshing.Comment
-
Originally posted by AussieDigger View PostYep, aware of the XMAS party expense.
This is an expense related to having a board meeting at the local to work out salary and dividends etc. Its something that happens maybe twice a year at most......
Do we think that's a legit expense ?Comment
-
Originally posted by AussieDigger View PostIs it really necessary to be so rude and nasty ? If you've nothing constructive to say, say nothing.
northernladuk is one of those people who calls a spade a spade."You’re just a bad memory who doesn’t know when to go away" JRComment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment