Hi,
Swedish companies are entitled to deduct VAT on entertainment expenses if the costs are directly related to the business.
If the cost of food and drink or only drinks is no more than SEK 300 excluding VAT per person per occasion, you can deduct the full amount of VAT.
If the cost exceeds SEK 300 excluding VAT and applies toboth food and alcoholic beverages, the deduction must be calculated by proportioning the actual costsexcluding VAT for food and alcohol respectively (tax rate 12% for food and 25% fo alcohoic beverage). All costs should be assigned to one expense type with itemization of food and alcoholic beverage.
Does anyone have experience how to set up the calculation in Concur for that topic? How have Swedish companies implemented the decuction topic?
Any recommendation hot to apply it
