Loss of expenses

[enfieldwhite]

I think that there was a recent change in HM Custom rules that all expense claims had to be furnished with a relevant receipt. IIRC this rule change was due to EC law.

Which is bollocks if you park on a particular type of meter or cross a toll bridge (which I do, often). Some companies have an allowance for 'lost' receipts and things like unreceipted parking. Depends how much they will let you claim.

[bobo the clown]

I think that there was a recent change in HM Custom rules that all expense claims had to be furnished with a relevant receipt. IIRC this rule change was due to EC law.

Which is bollocks if you park on a particular type of meter or cross a toll bridge (which I do, often). Some companies have an allowance for 'lost' receipts and things like unreceipted parking. Depends how much they will let you claim.

The Inland Revenue take interest if it affects your tax (natch). So, if you get expenses paid as a backdoor route to income, that'll have them excited. A necessary expense, recompensed, is fine.

Ad hoc missing receipts wouldn't concern them at all. Only if it seemed to be a pattern.

The problem with missing receipts is that the Company, obviously, can't claim VAT back.

[Bruce Rioja]

It happens, Bruce

Trust me

Debit card, though? I buy the car fuel on my own Visa and then charge it back to the company at pence per mile. As such, Az claimed mi brass back fust!

What we're looking at here is the fella shelling out his own hard earned first off, with seemingly nowt by way of recourse!

but it's not just petrol people might have as an expense, food, train tickets, taxis for example. Taxis are a big one if you're in london, unless you're part of a company contract you'll be paying in cash and claiming back. And not everyone is lucky enough to have company credit cards either.

Most company expenses are paid for by the individual and claimed back with evidence of a receipt.

Yeah, mate. I'm aware of that. I used to have to do it like that myself once, flights, hotels and the full works. I was questioning the using of a debit card rather than a credit card. At least when I used my own card I could get the money back into the bank (as with the car fuel now) before they take it out (DSB's comments notwithstanding).
Also, whilst you're on, can I get a credit card under the terms of which I don't get charged for using it abroad?

[communistworkethic]

you mean no 2% etc - Nationwide fella, no overseas fee or conversion charge IIRC

On your credit/debit card thing, first I suppose it is all round the timing and whther you pay in full each month. Second, I'm going to take a punt that BBoris doesn't have a credit card.

[mummywhycantieatcrayons]

The overseas charge is absolutely raping me at the moment. And the Dutch banks look at an international student wanting to set an account up for a year like you've just pissed through their letterboxes.

[Batman]

Use the internet

[mummywhycantieatcrayons]

Use the internet

Will the cash come out of my CD drive?

[Batman]

Not unless you are on Vista

[communistworkethic]

The overseas charge is absolutely raping me at the moment. And the Dutch banks look at an international student wanting to set an account up for a year like you've just pissed through their letterboxes.

well I suppose you don't tell them it's just for a year. Actually, they're not looking at you much different to an English bank would, you'd get very basic facilities if you're johnny foreigner over here studying.

Nationwide don't charge fees, but it doesn't make them hugely cheaper, we're talking maybe £2 on £100 in Euros. So for the odd holiday it's maybe neither here nor their but for a regular overseas traveller it could add up if you use cards quite a bit.

The thing is that buying foreign currency, you get a different exchange rate than with a card - a lower one, so while you get fees you're not far off the same overall cost.

now I'm not trying to take the piss, but this might work out your best option, faffing with Nationwide aside....

https://card.club18-30.com/?campaign=whichprepaid

[Zulus Thousand of em]

Not unless you are on Vista

Wrong - that's when you insert £50 notes into your DVD drive!

[Bruce Rioja]

you mean no 2% etc - Nationwide fella, no overseas fee or conversion charge IIRC

On your credit/debit card thing, first I suppose it is all round the timing and whther you pay in full each month. Second, I'm going to take a punt that BBoris doesn't have a credit card.

I'll wait until I next see you, fella, fert thexplain propper. I pay off in full on the 1st of each month, but basically, if I take the car overseas then I put the fuel in on my own Barclaycard, and claim the money back as per the normal system. However, the problem is that I submit the fuel receipt as part of the 'money spent on fuel v business/private mileage calculation' then, when I get my bill through from Barclaycard they've thrown a few quid on because I've used my card overseas, as though it's in some way more chargeable to have connected with the relevant sattelite (sp?) from bleedin' Belgium than it is England?

[Soldier_Of_The_White_Army]

you mean no 2% etc - Nationwide fella, no overseas fee or conversion charge IIRC

On your credit/debit card thing, first I suppose it is all round the timing and whther you pay in full each month. Second, I'm going to take a punt that BBoris doesn't have a credit card.

I'll wait until I next see you, fella, fert thexplain propper. I pay off in full on the 1st of each month, but basically, if I take the car overseas then I put the fuel in on my own Barclaycard, and claim the money back as per the normal system. However, the problem is that I submit the fuel receipt as part of the 'money spent on fuel v business/private mileage calculation' then, when I get my bill through from Barclaycard they've thrown a few quid on because I've used my card overseas, as though it's in some way more chargeable to have connected with the relevant sattelite (sp?) from bleedin' Belgium than it is England?

I'll wait until I next see you, fella, fert thexplain propper

[communistworkethic]

you mean no 2% etc - Nationwide fella, no overseas fee or conversion charge IIRC

On your credit/debit card thing, first I suppose it is all round the timing and whther you pay in full each month. Second, I'm going to take a punt that BBoris doesn't have a credit card.

I'll wait until I next see you, fella, fert thexplain propper. I pay off in full on the 1st of each month, but basically, if I take the car overseas then I put the fuel in on my own Barclaycard, and claim the money back as per the normal system. However, the problem is that I submit the fuel receipt as part of the 'money spent on fuel v business/private mileage calculation' then, when I get my bill through from Barclaycard they've thrown a few quid on because I've used my card overseas, as though it's in some way more chargeable to have connected with the relevant sattelite (sp?) from bleedin' Belgium than it is England?

basically it does cost more, banks in the uk charge each other for their customers using each others machines (ATM & POS) but they absorb that cost. Foreign banks charge UK banks for the availability of their networks but the cost is higher per unit transaction, some wrap it in the exhange rate others split it out as a fee.

And road, this'll save you some cash....

http://www.nationwide.co.uk/creditcard/ ... efault.htm

[Bruce Rioja]

I'll wait until I next see you, fella, fert thexplain propper.

I'll wait until I next see you, fella, fert thexplain propper

Yes, that probably reads to you like "Alas, poor Yorick! I knew him, Horatio; a fellow of infinite jest, of most excellent fancy."

[superjohnmcginlay]

I think that there was a recent change in HM Custom rules that all expense claims had to be furnished with a relevant receipt. IIRC this rule change was due to EC law.

Which is bollocks if you park on a particular type of meter or cross a toll bridge (which I do, often). Some companies have an allowance for 'lost' receipts and things like unreceipted parking. Depends how much they will let you claim.

The Inland Revenue take interest if it affects your tax (natch). So, if you get expenses paid as a backdoor route to income, that'll have them excited. A necessary expense, recompensed, is fine.

Ad hoc missing receipts wouldn't concern them at all. Only if it seemed to be a pattern.

The problem with missing receipts is that the Company, obviously, can't claim VAT back.

Aye. The fookers. Got me filling in stupid forms that I cant be arsed understanding.

[TANGODANCER]

I'll wait until I next see you, fella, fert thexplain propper.

I'll wait until I next see you, fella, fert thexplain propper

Yes, that probably reads to you like "Alas, poor Yorick! I knew him, Horatio; a fellow of infinite jest, of most excellent fancy."

Usually followed by "On me ed son"