Post by miavai70 on May 13, 2024 11:21:25 GMT
In addition, if an agreement is made with a catering company, the open buffet or table d'hôte , and then one of the options is decided upon with the preference and approval of the employer. If the business provides meal vouchers or meal cards to its staff , the staff can meet their meal needs at different restaurants at their own discretion, depending on their budget, i.e. card limit. What are Staff Meal Expenses? Businesses may have different food expenses other than just meeting the food needs of the staff in the workplace. Accounting records of these are kept separately by the business . The most important of these extras are representation and hosting expenses. Meals eaten at business lunches or meetings are evaluated in this context.
The primary condition for the Brazil Phone Number List 90 Million Users expense to be counted as personnel meal expense is that it occurs during an assignment or during business hours. Personnel meal expenses outside the company borders should also be accounted for. In cases where the employee goes out of the workplace or out of town for business reasons or is sent abroad, meal expenses are covered by the business and included in the accounting record. Personnel Meal Expenses Accounting Record Personnel meal expenses are published in the Official Gazette at the beginning of the current year and are calculated on a daily basis. For this reason, the expense subject to accounting is calculated based on the working days worked. If food is served at the workplace, this is an amount paid to the person who prepares the meal.
Apart from this, if cash is given to the employee, the accounting record also includes different items. These items; SSI Employer Share SSI Worker Premium Income tax It is Stamp Tax. If the workplace pays meal allowances to employees with a meal card, then it is exempt from these items and can provide almost 100% tax advantage . Calculations We mentioned that the food needs of staff in workplaces are met by different methods. Paying the meal fee to the staff in cash brings with it some tax burdens. This calculation is as follows; First of all, the determined daily meal cost for the current year, the number of employees and the workforce employed must be known. Daily meal cost VAT is determined as 8% by the government.
The primary condition for the Brazil Phone Number List 90 Million Users expense to be counted as personnel meal expense is that it occurs during an assignment or during business hours. Personnel meal expenses outside the company borders should also be accounted for. In cases where the employee goes out of the workplace or out of town for business reasons or is sent abroad, meal expenses are covered by the business and included in the accounting record. Personnel Meal Expenses Accounting Record Personnel meal expenses are published in the Official Gazette at the beginning of the current year and are calculated on a daily basis. For this reason, the expense subject to accounting is calculated based on the working days worked. If food is served at the workplace, this is an amount paid to the person who prepares the meal.
Apart from this, if cash is given to the employee, the accounting record also includes different items. These items; SSI Employer Share SSI Worker Premium Income tax It is Stamp Tax. If the workplace pays meal allowances to employees with a meal card, then it is exempt from these items and can provide almost 100% tax advantage . Calculations We mentioned that the food needs of staff in workplaces are met by different methods. Paying the meal fee to the staff in cash brings with it some tax burdens. This calculation is as follows; First of all, the determined daily meal cost for the current year, the number of employees and the workforce employed must be known. Daily meal cost VAT is determined as 8% by the government.