Are meals claimable?
# | Post |
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1 | Asking on behalf of a friend (yes really!) shepa1 - 2021-04-27 18:46:00 |
2 | Yes and if they paid for accommodation in the location they would be able to claim that as well. nzkiwisnz - 2021-04-27 18:51:00 |
3 | Thanks for that, that surprises me! Will tell her to look for her receipts then! Edited by shepa1 at 6:59 pm, Tue 27 Apr shepa1 - 2021-04-27 18:58:00 |
4 | shepa1 wrote:
As far as I am aware personal meals cannot be claimed but buying a meal for a client (prospective tenant?) can be claimed as a business expense. Edited by perfectimages at 7:21 pm, Tue 27 Apr perfectimages - 2021-04-27 19:12:00 |
5 | I believe comes under 'travel expenses for travelling to inspect your property or to do repairs' nzkiwisnz - 2021-04-27 19:22:00 |
6 | perfectimages wrote:
Correct sunnysue1 - 2021-04-27 19:57:00 |
7 | This is interesting, so far we are evenly split with 2 yes and 2 no :-) shepa1 - 2021-04-27 20:22:00 |
8 | perfectimages wrote: No - its deductible as it assumes that meals whilst travelling are more expensive than meals prepared at home. sparkychap - 2021-04-27 20:23:00 |
9 | so is it the difference in cost that is claimable? gph1961 - 2021-04-27 21:11:00 |
10 | gph1961 wrote: Yes, you need to buy the meal out at a restaurant or wherever, then get home and prepare exactly the same thing so you know what it would have cost, then you can work out the difference. No, it just means you can claim the whole lot. sparkychap - 2021-04-27 21:15:00 |
11 | But........could I claim 7 course degustation meal with matching wine at @ $290 a head? Asking for a friend. cinderellagowns - 2021-04-27 21:17:00 |
12 | sparkychap wrote:
yep, just claim whatever you spent. If my husband buys a Takeaway, he claims that, if its a sit down restaurant meal he claims that. He's an employee required to travel occaisionally. heather902 - 2021-04-27 21:18:00 |
13 | It sounds strange, as they would have had a meal anyway-inspecting the property or just being at home. It was their choice to prepare a sandwich at home or to have a 3 course meal at the $$$ restaurant. If you work at the office, you don't claim your meal, unless it's a business lunch to attract new clients, etc... presumably the rental they were painting, had a stove and a fridge or at least a floor on which they could sit and eat a sandwich which they made from the local supermarket's food? If instead they decided to go out, seems unlikely IRD would consider this as a legit expense Edited by evoalg at 9:32 pm, Tue 27 Apr evoalg - 2021-04-27 21:28:00 |
14 | cinderellagowns wrote: Not if it's with Seaqueen as that would be just the wine. sparkychap - 2021-04-27 21:30:00 |
15 | evoalg wrote:
But when you travel and perhaps leave at 5 am in the morning for maybe a couple of days , its not a reasonable request of an employer that you pack chili bins of food etc... Same principal applies if you are self employed. heather902 - 2021-04-27 21:32:00 |
16 | heather902 wrote: I think in this case there is a food allowance which would be quite limited, not a $290 per head, probably. But then where do you stop-you would need to use some toilet paper (after all those claimed meals)-do you claim that as "business expense"? The whole roll or only half of it evoalg - 2021-04-27 21:37:00 |
17 | evoalg wrote:
I don't know? I don't think my husband has ever had a claim denied in 14 years with the same company eating out. I see the the amounts come out of our accounts and are generally pretty modest. He can also just shop at a supermarket if his accommodation provides cooking facilities which he often does as he brings home food he has'nt used. heather902 - 2021-04-27 21:41:00 |
18 | Somehow the discussion has changed to whether an employee can claim meals as an expense, when we should be talking about the owner of the business ie The owners of the rental property which is is being run as a business. Edited by perfectimages at 11:22 pm, Tue 27 Apr perfectimages - 2021-04-27 23:08:00 |
19 | perfectimages wrote:
Just book into a motel with a restaurant, problem solved. Edited by smallwoods at 8:19 am, Wed 28 Apr smallwoods - 2021-04-28 08:18:00 |
20 | perfectimages wrote: You can't just claim meals willy-nilly if you're nipping over to the other side of town. But if you had to travel from (say) Auckland to Hamilton, then your mileage (kilometerage?), meals and possibly even accommodation could be claimed as a business expense. As always there's a "reasonableness" factor that would be applied should you be audited by the IRD. Also if you combine the maintenance trip with a holiday (say staying at the bach for a few days break) then the amount you can claim drops, if I recall. sparkychap - 2021-04-28 08:34:00 |
21 | cinderellagowns wrote:
Remember... just because you can claim it as a business expense does not make it free.. you will still have to take $290 from the business bank account and pay it to the restaurant. It just means you can take $290 that you have received in rent and pay it to the restaurant, instead of having to collect a sum greater than $290 in rent, pay some of it to the tax man and then use the rest to pay the restaurant. onl_148 - 2021-04-28 14:53:00 |
22 | perfectimages wrote:
That's what I would have thought, but its what the accountant thinks that counts. curlcrown - 2021-04-28 16:54:00 |
23 | heather902 wrote:
He will be claiming from his employer...not from the IRD. Big difference. sunnysue1 - 2021-04-28 17:29:00 |
24 | curlcrown wrote: it’s what the IRD thinks that counts... sparkychap - 2021-04-28 17:42:00 |
25 | logo - 2021-04-28 18:24:00 |
26 | https://www.gilesandliew.co.nz/the-ultimate-guide-to-enterta logo - 2021-04-28 18:27:00 |
27 | As Paul Weller said “That’s Entertainment”.... sparkychap - 2021-04-28 18:29:00 |
28 | sparkychap wrote:
I'm still here, you know! I CAN read! seaqueen - 2021-04-28 18:32:00 |
29 | seaqueen wrote:
Lol, he thought he’d be cheeky and try to get away with it???????? thumbs647 - 2021-04-28 19:19:00 |
30 | seaqueen wrote: I know you're still here, even though you pretend not to be. sparkychap - 2021-04-28 19:58:00 |
31 | The answer is still YES. nzkiwisnz - 2021-04-29 17:26:00 |
32 | sparkychap wrote:
I thought that was Morrissey. committed - 2021-04-29 17:35:00 |