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HMRC internal manual

Employment Income Manual

HM Revenue & Customs
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Other expenses: directors' expenses

A director is not entitled to a deduction for expenses that result from the fact that he or she holds a number of directorships. Each directorship is a separate and distinct office. A deduction can only be permitted if an expense satisfies all of the conditions of Section 336 ITEPA 2003 in relation to one of the offices. The conditions to be satisfied are summarised at EIM31630.

A deduction is available by concession, see EIM32390, or by legislation, see EIM32035, for certain travelling expenses incurred by directors.