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Rail Fares on Expenses

  • Fellow PM.Dip
  • Practice Licence
  • 413 posts
  • # 107322

Hi All

Here's a question.

The director's of the company I work for all use a credit card for their expenses, normally just client meetings and court appearances.

When the statement's come through they are all itemised, thus rail fares are fully recognisable on the statement itself. The question is, is this still an allowable expense if the director has misplaced the ticket?

Any thoughts on this would be appreciated.

  • 794 posts
  • # 107323

Hi David,

This happens quite often especially if the rail fare has been bought online!

Providing there is some evidence that can be produced (if required by HMRC) to confirm it is business use then yes it is allowable. Could be a letter confirming the 'meeting' as evidence or even an email?

Marilyn

  • Fellow PM.Dip
  • Practice Licence
  • 413 posts
  • # 107324

MM Bookkeeping said:

Hi David,

This happens quite often especially if the rail fare has been bought online!

Providing there is some evidence that can be produced (if required by HMRC) to confirm it is business use then yes it is allowable. Could be a letter confirming the 'meeting' as evidence or even an email?

Marilyn


 Thanks for replying Marilyn

I thought this might be the case as the description gives most of the information about the rail journey. They are all costs lawyers and will have proof by way of case files and other documents of court attendances.

Much obliged.



Edited at 17 Apr 2015 11:02 AM GMT

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