Is there a set allowance for food while working away from home?
Im the wife so please bear with me when I am trying to explain my question. :$ My other half is a self employed bricklayer/ground worker, he has been self employed since 2006. He always used to work locally until work dried up and now he works all over the country. He now works in various places across the UK and most of the time he is away from home overnight (11 nights away and then 3 nights at home), the contractor pays for "digs" but it is costing a fortune for food. Is there are a set amount he can claim back for food? Or does he have to keep all receipts?
Short answer is no there isn’t a set allowance unless its been agreed with HMRC which tends to be for larger businesses with many employees.
The best thing to do is simply keep the receipts. Secondly if he pays on a credit or debit card for the food, then you can always go back to bank/credit card if he has some missing.
Fundamentally keeping receipts it just habit, and once he does you should find it becomes second nature and if you have most of them you can sometimes estimate the missing ones.
James Smith [i]Chartered Accountant[/i] www.jamesesmith.co.uk --------------------------- Your indispensable guide to Small Business Bookkeeping, Self-Assessment & VAT