Reimbursement Agreement

seasoningoflifeUK

Free Member
Aug 31, 2016
106
0
Hello,
I have a problem.

One of a company (A) has a reimbursement agreement with another company (B) to pay for car leasing to third company (C).

On the bank statement in company A there is payment for company C, but the invoice is issued from company C to company B.

Is this invoice (from HMRC and tax point) should be include as costs in company A or treated like non-allowable expenses?

Best Regards!
 

CA85

Free Member
Oct 9, 2019
62
3
What does the "reimbursement agreement" say? Does A ultimately have the use of the cars?

On the info given it sounds like the invoice/cost from the leasing company belongs in B. B should then issue an invoice to A for the recharge.
 
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