01/02/2018
#AskTheAccountant
Accountancy Expertise – here to answer your questions to help you run a successful business.
We’ll be posting frequently asked questions and answers. Can’t find the answer to a question you’re looking for? Get in touch at contact@carringtonaccountancy.com one of our expert accountants will be happy to help. #AskTheAccountant
Q. Our staff raise money for a chosen charity each year. A third party provides transport, hotels etc. for our volunteer employees to attend fundraising events. The company then reimburses the third party. Are these costs that we pay tax-deductible for us? #AskTheAccountant
A. The position on tax-deductible expenses is as follows:
Submit your question to one of our experts via twitter @CarringtonAcc using the hashtag #AskTheAccountant