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Best Practices for HMRC Travel Expense Management

Accounting Insight

We’ll also share some of the best practices and tools to make managing travel expenses less of a hassle. Which travel expenses are deductible? If your organization’s employees travel for work to a temporary location within the past four years, they may qualify for tax relief.

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Travel expense management: How T&E benefits your business

Accounting Insight

What expenses are included in T&E? T&E expenses are the costs incurred for business travel, entertainment, and meals. 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.

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B2B FinTech Firms Brace For Growth With New VC

PYMNTS

Concerns over an economic downturn haven’t seemed to dissuade venture capitalists from backing B2B FinTech firms, with this week’s roundup including players in the small business (SMB) banking, corporate travel, expense management, alternative finance and data integration spaces. 2nd Address.

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Disaster-Proof Spend Management Solutions — For When Disaster Strikes

PYMNTS

As such, they can struggle to organize flight bookings, handle payments, manage trip expense records and more. The February Workforce Spend Management Tracker , a collaboration with PEX , tracks how solution providers are seeking to bridge this gap to meet the business travel expense management needs of SMBs and freelancers.

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Small, Early-Stage Funding Rounds Dominate B2B FinTech

PYMNTS

This Indian startup offers small and medium-sized businesses cash flow management solutions through an array of services, like invoice management, expense tracking and other features, reports said last week. Travel Expense Management. B2B eCommerce. Lightspeed Venture Partners India and Lightspeed U.S.

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HDFC Taps Mastercard, SAP Concur For T&E Tech

PYMNTS

Mastercard and SAP Concur, an invoice management company, will provide support for the card. Corporates can gain greater insights and control, while ensuring regulatory and tax compliance through this solution,” said Parag Rao, country head for payments business and marketing of HDFC Bank.

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WeChat Tests Blockchain For Automated Employee Expense Management

PYMNTS

Last year, WeChat announced a partnership with corporate travel and expense management firm Concur, integrating the T&E tool into WeChat to facilitate users’ fapiao tax receipt needs. The fapiao system offers both proof-of-purchase as well as tax data necessary for businesses to comply with tax law.