UK Potential investor expenses

[helen law]

Hi - owner of the business I work at bought round some potential investors. they are from abroad (owner lives abroad). hotel stays, restaurant exps (expensive ones as showing off!).

can I claim these or are they director's accounts?

 

[Fidget]

Yes, they can go through the P&L.

I'm not sure if they'll be an allowable expense for tax purposes though.