.png)
.png)
Readers' Forum
Replies to Queries — 4
Subsistence expenses
I have several situations of one-man band private limited companies holding agency contracts for services supplied by their contractors. Where the contract is not expected to last for 24 months, the travel costs are allowable.
Readers' Forum
Replies to Queries — 4
Subsistence expenses
I have several situations of one-man band private limited companies holding agency contracts for services supplied by their contractors. Where the contract is not expected to last for 24 months, the travel costs are allowable.
The Inland Revenue booklet 490 states that travelling also includes related subsistence expenditure. However, there is no guidance as to the amount of subsistence which could be claimed. For instance, is a contractor who travels on a daily basis some 160 miles, i.e. 80 miles each way, able to claim reasonable subsistence costs along with travel costs and, if so, how much is regarded as reasonable? The old booklet IR480 advised that subsistence day rates of £9.30 could be claimed where the employee was absent for more than 10 hours spanning two normal mealtimes and more than 5 miles away from home. Does this still apply and, if so, has this rate been increased?
Readers' views would be welcomed.
(Query T15,779) — Eating out.
