Restaurant expenses

Posted by lancashire PM | on Sat, 03/03/2012 - 16:10 5013 11 comments | report

I have completely confused myself on what expenses are tax deductable when a director has restaurant expenses.

Here are the 3 scenarios - I have for a director with a limited company;

1) The director travels away a lot abroad so he stays in hotels and has a meal there - I think this is the most straight-forward and I can class this as travel expenses?

2) The director entertains potential clients - is this classed as entertaining or is it tax deductable as he is trying to find new business for the company?

3) The director goes out with a colleague while abroad on work and pays the full bill - is this classed as entertaining or tax deductable as he is away?

I would really appreciate a bit of guidance as I have now completely confused myself!

Thanks!

Comments

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My view

mr. mischief | Sat, 03/03/2012 - 17:06

Are you sure ........

paulhammett | Sun, 04/03/2012 - 19:51

My answers

Euan MacLennan | Sat, 03/03/2012 - 19:24

on overseas clients

mr. mischief | Sat, 03/03/2012 - 21:22

Customs Brief 44/10

Euan MacLennan | Sun, 04/03/2012 - 11:16

True, but

mr. mischief | Sun, 04/03/2012 - 13:36

Thanks

lancashire | Sun, 04/03/2012 - 15:19

Overseas entertaining not allowable

petersaxton | Sun, 04/03/2012 - 16:27

Note the case I cited was November 2010!

mr. mischief | Sun, 04/03/2012 - 19:56

Staff enteraining - more complexity!

mr. mischief | Sun, 04/03/2012 - 22:09

Monday to Thursday Rule

Mr.B.J.Burns | Fri, 09/03/2012 - 11:19