Remove Account Remove income tax Remove Transportation Remove Travel Expense Management
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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.