{"id":4628,"date":"2019-07-04T11:30:57","date_gmt":"2019-07-04T09:30:57","guid":{"rendered":"https:\/\/www.startups.ch\/en\/blog\/?p=4628"},"modified":"2019-07-04T10:18:23","modified_gmt":"2019-07-04T08:18:23","slug":"saving-costs-with-an-allowable-expenses-policy","status":"publish","type":"post","link":"https:\/\/blog.startups.ch\/en\/saving-costs-with-an-allowable-expenses-policy\/","title":{"rendered":"Saving Costs With an Allowable Expenses Policy"},"content":{"rendered":"\n

A lunch with\nbusiness partners, a night stop when on an assignment, public transport fare \u2013 despite\nall the digitalisation efforts, we are still accompanied by restaurant bills,\nparking and railway tickets, hotel invoices and other expense receipts in paper\nform. Indeed, in many places expenses are meanwhile recorded electronically; this\nhas resolved only one part of the problem, however, because, as required by the\nFederal Tax Administration, original receipts have to be stored. Thus, expense\nreimbursement remains an error-prone process that costs a lot of work.<\/strong><\/h2>\n\n\n\n
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This process could be largely simplified,\nhowever, with an allowable expenses policy approved by tax authorities, which\nmay release a company from its administrative burden. Above all, expenses\nrecurrently incurred by employees, such as lunch meals of installers working in\nthe field, would not any longer have to be itemised, verified by the Accounts\nand reported in the pay slip. This often requires a major administrative effort\nfrom the employer. On the other hand, the employee may expect audits\nand, at best, offsets from tax authorities. Employers can have their allowable\nexpenses regulations in the form of separate policies approved by the local tax\noffice to the following effects:<\/p>\n\n\n\n