As bookkeeper for a couple of SME business i try and restrict the directors thirst for paying for as much as possible on the compnay debit card and reject the obvious non business expenses. Id just like to clarify something though around coffee shops and other small item receipts.
If its an employee using company debit card in a coffee shop in between/ during his meetings this is ok to claim VAT and as small amounts doesnt need full VAT receipt?
The directors might eat lunch out when away on busines and mislay the recipt - is this OK to reclaim the VAT back?
Ireland coffee shop receipts - No VAT can be reclaimed?