Meaning For Traveling Expenses

For instance travel-related expenses like airfare travel meals car rentals lodging etc. Definition of traveling expense from the Cambridge Business English Dictionary Cambridge University Press.

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TRAVELLING EXPENSE meaning in the Cambridge English Dictionary.

Meaning for traveling expenses. Company business can include conferences exhibitions business meetings client and customer meetings job fairs training sessions and sales calls for example. What does traveling-expenses mean. Travelling expenses money that is used to pay for the cost of travelling while someone is on a trip for their company travelling Examples from the Corpus travelling expenses His astronomical travelling expenses all but bankrupted the club and his non-appearance at.

Expenditure incurred by an employee on account of a journey on official business. Travel expenses include meals and lodging and transportation expenses while away from home in the pursuit of a trade or business including that of an employee. Driving to business locations like driving to a customers office to pick up office supplies or for a meeting at a restaurant.

Since such expenses form part of business spending the employees request expense reimbursements from the business entity. Means expenses for transportation lodging subsistence meals and incidentals and related expenses incurred by employees who are on travel status on official business of the recipient for any travel outside the country in which the organization is located. Money that your employer pays you because you are spending that amount on travel that is.

Expenses such as fuel parking fees lodging. For example if one must travel to another location to conduct a meeting with an important client any lodging meals or transportation costs usually count as travel expenses. Reimbursing the employee for their expenses.

Means the daily reimbursable amount for dependant care expenses with a receipt or declaration whichever is applicable as established from time to time in the National Joint Council Travel Directive. Paying a travel allowance to the employee. They get travelling expenses and are also paid a fee.

Expenses that are not. Only ordinary and necessary travel expenses are deductible. Transportation expenses are a subset of travel expenses that refer specifically to the cost of business transportation by car plane train etc.

Expenses that are paid to someone for example by their employer for the costs they need to travel. For an organizations employees when they travel. One of the costs for flights hotels meals etc.

Travel expenses are costs associated with traveling for the purpose of conducting business-related activities. ˈtrævəlɪŋ ɪkˈspɛnsɪz plural noun. As per financial dictionary travel expenses are defined as Expenses incurred when a person conducts business away from home.

Travelling expenses in British English. Business travel is an overall category of expenses that includes expenses for business owners and employees for business purposes. Other travel expenses include laundry shipping tips and computer rental fees.

Or other business expenses like meals office supplies or mileage when an employee uses his vehicle for business travel. Fringe benefits tax FBT may apply if your business pays for or reimburses your employees for their travel expenses. Travel expenses are expenditures that an employee makes while traveling on company business.

Paying directly for the expense from the business account.

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