Directors are, of course, entitled to the normal deductions for employees' travelling expenses. However, there is, in addition to this, a concessionary treatment that applies to particular circumstances of certain directors.
The current practice of HMRC concerning the treatment for tax purposes of directors' travelling expenses (which include reasonable hotel expenses where incurred) is as follows. Note that, prior to being legislated by Enactment of Extra-Statutory Concessions Order, SI 2014/211 from 6 April 2014, the position was governed by Concession A41.
A director (whether full or part-time) of two or more companies within a group of parent and subsidiary or associated companies, whether or not entitled to separate remuneration from each of the companies of which he or she is a director, may be regarded
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
Web page updated on 17 Mar 2025 17:17