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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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FlitWays Steers Toward Europe With Corporate Travel Booking Tool

PYMNTS

FlitWays Technology , a company enabling ground transportation booking, is expanding its B2B offering across Europe. 22) said FlitWays is launching its business travel booking tool in London, Milan, Berlin, Paris and Barcelona to address businesses’ ground transportation management and expense management needs in these markets.

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Rydoo Integrates T&E Tools Into Uber

PYMNTS

Business travelers can then send that data to their managers from within the mobile platform. Most recently, last month, business operating system company Zoho announced an integration with Uber for Business, enabling trip receipts to be automatically added from Uber into Zoho Expense.

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Expensify Unveils Concierge Travel With Pandemic Safety Resources

PYMNTS

Expensify cardholders have the ability to reserve airline travel, lodging and rental cars by chatting with a concierge on the expense management company’s platform, while all reservations come with Global Rescue services and alerts in addition to safety kits, the release states.

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Uber Takes Unprecedented Dip In Business Travel, Says Certify

PYMNTS

Ridesharing continues to grow in popularity with business travelers, with Uber rival Lyft securing 3 percent more of business ground transportation, hitting 11 percent in Q3, Certify found. Lyft’s increase marks the greatest gain for the company since Certify began tracking the data.