International travel for business
This is a question that we get quite often. Everyone likes to hope that they can go overseas and claim it as a business expense. But can you?

The short answer is sometimes, yes. But often not the entire trip.

Firstly there needs to be a bonafide business reason for travel (either training/registration/relevant marketing etc).

Receipts and a travel diary should also be kept.

The travel diary should include the following information:
  • nature of the activity
  • location of the activity
  • day/date & time of the activity
  • duration of the activity

 

We would then be able to use that information to work out what percentage of the trip is claimable. If the trip has a private component we would only look to apportion the amounts that relate to the business side of the trip (e.g. if there is a stop over on the way home and you spend a few nights somewhere else, then that would be entirely private) however, days in between activities could still be considered ‘for business’.

While you are travelling, to ensure that you don’t forget any charges it is best to use your credit card whenever possible. This way you will have a track record of what you spent, where you spent it, and when. If this card is linked to your Xero account, this will also come across easily too.

If you have a conference or other business related travelling coming up, please don’t hesitate to ask us what will be claimable, and advise if you will be receiving any allowances.

Bon voyage!

 

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