the reason i ask is my pay this week shows up as
580.76 -taxable pay
72.90- non taxable pay[6 x-meal allowances of 12.15]
so as meal allowances are tax free would we be better off to have say a meal allowance of 25 pounds per day,i know the compancies wouldnt want to give you it straight out ,but whats the difference between
580.76-taxable pay 503.66-taxable pay
72.90 -non taxable or 150.00- non taxable pay[meal allowance]
its only costing the companies the same in wages but is saving us a bomb in tax, or am i missing something
there is no maximum. there are two agreed amounts of subsistance living allowance. sleeper and none sleeper cab rates.
these have a meal allowance included. quite often an employer will agree a rate for a meal allowance and other expenses with your tax office, it makes things much more simple than messing about with loads of petty receipts.
I think Night Out money includes an element for breakfast and evening meal.
As far as I can make out, companies can then pay an additional Two whole Earth Pounds (without receipts) for a midday meal.
So that’s a slice of toast and half a cup of tea for breakfast, half a Mars bar and a sniff of the baristo’s apron for lunch, and maybe a sausage and half a negg for tea.
Each companies meal allowance is set by their local tax office. Our company is only allowed to pay "2.50 meal allowance tax free. I know this as I was the one to sort it out with the tax office when I tried to get it raised from £2.00.
I think it is one hundred pounds a day if you are an MP ,Euro members get more because they like old wine with their food , this makes it more expensive…roll on the euro
