Z
Overseas subsistence rates are set separately (from domestic rates) and take account of costs in the country where business is being conducted.
Generally the conference rate is used for going somewhere that is very expensive e.g. the UK, where basically your accomodation, breakfast, lunch and dinner can all be paid for if you have reciepts.
For most places you are better claiming the seperate night and day rates rather than the conference rate.
mts - thanks again for that.
I still don't see where the day rate comes into things - is it the case that the day rate applies where no hotel is booked ?
For example - on a 2 day trip the first day would be at the conference rate (plus the vouched hotel expenses) and on the second day (when returning home that evening) the day rate would be used ?
Cheers,
z
You'd probably have to check your own company policies to be sure, but in general, it would be an either/or situation. Either you get the cost of your meals paid for based on receipts or a company credit card, or you get a fixed subsistence amount. You wouldn't usually get both.Hi I was just wondering could anyone help me out, if a company provides a credit card to an employee to cover expenses such as meals whilst abroad, can that employee claim any subsistence using the conference rate?
I presume this is really a tax question. The company can give as much as they like, but if what they give is not wholly and exclusively to cover costs involved in doing business, then there will be a BIK tax liability for the employee.Thanks for that, much appreciated, what if the company wanted to maximise what they could give the employee? Could they pay for the meals and still give the maximum conference subsistence rate?
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