Hi. As i work from home i regularly meet clients and prospects over a coffee or lunch. What category to I allocated to please? I also top up my oyster card to get to those meetings
Theses costs are usually classed as client entertainment and are not allowable for tax purposes.
If you pay out of your own pocket, no record is needed, if the business pays it will need to be tagged as proprietor drawings, or the DIR loan account for limited company.
The travel portion to visit clients should be claimed as a travel expenses
However the rules about food and drink are very complex so ask your accountant as they will know your type of business, or research the whole subject
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Nice. You can also include it in Miscellaneous Expenses and can also in Clients Entertainment which is not allowed for tax purposes.