Who this article is for:
Limited companies
If you have a meal or drink with a client or on behalf of the company, you can claim what has been spent back by listing this as an expense.
By doing so, the amount you pay back as tax will be reduced if you are a limited company
If you are a sole trader, allowable business expenses such as this will reduce your profits as a sole trader - this means the amount you pay in Income Tax and National Insurance will be less when you complete your Self Assessment.
If your are not sure if you would like your company to be a limited company or a sole trader, check out this article here for more information.
How to add a Travel & subsistence expense on Ember?
Firstly, navigate to your Expenses then go to add out-of-pocket expense
Next add in the Description, Date of the expense, and Value of the expense, selecting the correct VAT Rate.
Now click on the Category button
Search for and select the category of Travel & subsistence
You can add a receipt via the Attachments + button if you like (though this is not required), before finally clicking the Save Changes button to save and add the expense to Ember.
If this did not answer your question, please reach out to our talented Support team who are always on hand to offer expert advice as and when you need it.