Can I off set this against my tax liability?

Smart_But_Casual

Off to Italy next weekend to checkout some new outlets.

Normally I travel there and back in a day but this time, due to flights/routes, I'm staying over and the OH is coming.

Can I claim the full cost of both flights and the full cost of the hotel against my tax? I usually claim for flights, car hire, tolls and milage.

StaffsSW

"Reasonable" is the key here - and from my own experience I have successfully claimed a European long weekend break as a business expense, although I did only put down one of the two flight tickets, but the hotel was priced per room, and not per occupant. I submitted one main meal for two per day, rather than every time I put my hand in my pocket.

As a one off, no auditor (if you are ever audited,) would raise an eyebrow. As a monthly event, you'd be pushing it.

My accountant did give me a good bit of advice on this - "If it was one of your good employees, how far would you let them go on your company expenses?"

chja

You might struggle to claim your OH's part of the trip against tax unless they are employed in the business.

Smart_But_Casual

chja wrote: »

You might struggle to claim your OH's part of the trip against tax unless they are employed in the business.

Wasn't going to claim her flight but wasn't sure about the rest.

I took great pleasure in telling her that she was tax deductable!

chja

Smart_But_Casual wrote: »

Wasn't going to claim her flight but wasn't sure about the rest.

I took great pleasure in telling her that she was tax deductable!

I expect she is an expense

Strapped

I also think it would be reasonable to claim your costs but not your OH's.