We are working at the client's site some 300 miles from usual site and obviously staying overnight Mon-Fri to get the job done up there. The client has over 400 people working there, mostly contractors, so have block booked accommodation and are providing a canteen etc. This means the only chargeable expense from our Ltd company is for travel, which the client is paying at 40p per mile.
My question is this; as we are using our personal car (don't have a company vehicle yet) and have paid for petrol etc from personal bank account, do we then need to submit a claim form to our Ltd for personal reimbursement as a member of staff? The client has paid the claimed amounts as part of weekly invoice and so far the money is in the business bank account. It would seem odd not to claim it back personally as otherwise there is a payment to the Ltd without the corresponding expense having been incurred.
Much obliged folks.
My question is this; as we are using our personal car (don't have a company vehicle yet) and have paid for petrol etc from personal bank account, do we then need to submit a claim form to our Ltd for personal reimbursement as a member of staff? The client has paid the claimed amounts as part of weekly invoice and so far the money is in the business bank account. It would seem odd not to claim it back personally as otherwise there is a payment to the Ltd without the corresponding expense having been incurred.
Much obliged folks.
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