Tax on Subsistence Payments
Tax on Subsistence Payments
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TwigtheWonderkid

Original Poster:

48,107 posts

174 months

Saturday 19th October 2024
quotequote all
I'm retired. I draw £12570/year from my private pension, too young for state pension. So I pay no tax. woohoo

I do some charity work that involves foreign travel. They pay for travel and hotels. What's the most they can pay me as a daily flat payment for subsistence before tax becomes an issue. Of do I have to submit all receipts and claim exactly what I spend (excluding alcohol, they they will not pay).

FlabbyMidgets

539 posts

111 months

Saturday 19th October 2024
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My old employer used the HMRC rates. Was payed directly with no receipts and you provided your own exchange rate. Not a finance expert but is this what you're looking for?

https://www.gov.uk/guidance/expenses-rates-for-emp...

Rough101

3,009 posts

99 months

Saturday 19th October 2024
quotequote all
If they only reimburse costs against receipts you haven’t gained anything thus no tax.

TwigtheWonderkid

Original Poster:

48,107 posts

174 months

Saturday 19th October 2024
quotequote all
FlabbyMidgets said:
My old employer used the HMRC rates. Was payed directly with no receipts and you provided your own exchange rate. Not a finance expert but is this what you're looking for?

https://www.gov.uk/guidance/expenses-rates-for-emp...
Exactly what I wanted. Annoying that there's so many different rates but for all the countries I would visit, the 24 hour rate seems way above the proposed daily rate, so no tax issue on receiving the proposed flat payment.