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Best Practices for HMRC Travel Expense Management

Accounting Insight

Best practices for travel expense management Travel expense management can be overwhelming, especially if your business revolves around international clientele. Dealing with never-ending expense claims can prove to be a tedious and time-consuming task that uses up important resources.

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Travel expense management: How T&E benefits your business

Accounting Insight

And for SMEs, these expenses can be a tax deduction for your business and can reduce your taxable income to help lower your tax bill. The HMRC defines these items as follows: Travel Travel expenses include any costs you incur to get from one place to another, including transportation and lodging, meals, and incidentals.

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Embedded Finance Tops B2B Tech Funding For The Week

PYMNTS

Despite a slowdown in corporate travel, expense management and travel booking technology provider SalesTrip still managed to impress investors, which pumped $1.4 But it was an embedded finance FinTech that took home more than half of the funding announced. PYMNTS rounds up all the latest deals below.

B2B 67
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Uber Takes Unprecedented Dip In Business Travel, Says Certify

PYMNTS

For the first time since Certify began tracking the data, Uber ’s popularity with business travelers has declined, accounting for a smaller portion of corporate traveler rides in Q3 compared to Q2. The latest data from Certify , released Tuesday (Oct.

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Uber, Amazon Lead In Top Business Expenses

PYMNTS

. “A key takeaway from the report is that companies are increasingly choosing digital brands over traditional providers for everything from meals to office supplies to transportation,” the company said in its announcement. Lyft’s boost in Q4 also signaled its continued rivalry with Uber in the business travel market.

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Amex GBT Adds Lyft To Growing List Of Sharing Economy Partners

PYMNTS

American Express’ corporate travel unit, Global Business Travel (GBT), is integrating Lyft as the latest ride-sharing service supported by the business travel booking and expense management solution.

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Behind The Concur And Didi Partnership

PYMNTS

Through the terms of the latest deal with Didi, Concur users on the ground requesting a ride through the ride-hailing firm are able to log the transactions back to their Concur account through a mobile app. Didi Chuxing users connect to Concur accounts and can select rides.