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HMRC's subsistence rates, which have been unchanged since 2009, are as follows:
Breakfast 5 pounds, 5 hour rate 5 pounds, 10 hour rate 10 pounds late evening meal 15 pounds.
Be sure to keep adequate records, receipts, bills etc to support the company's position. If the company pays over these rates then the excess will have to be reported to HMRC as a benefit in kind annually on a From P11d at the conclusion of each tax year..
I do hope that you have found my reply of assistance.
Why not, in your situation the best guidance is in the 5 and 10 hour rates. Even the Civil Service operates on similar policies for such activities.
In theory yes, the limits should not be exceeded, but in practice no. However, I would caution you that I one had a tax inspector ask for the voucher for 13p, yes 13 pence, of expenses paid out.
Delighted to have been able to help. On another tack I have had a tax inspector demanding immediate payment in cash for tax which was not even due; he did not get it!
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