Originally Posted by prncess674
Since you will be a small shop I would stick to a per diem which means a lot less accounting hassles. You then have a fixed cost for meals that is easily estimatable. If your employees want to eat cheap and pocket the rest then that is there perogative.
I worked someplace that used the U.S. Federal (DOS) per diem rates, which for some overseas locations can be ridiculous, and you just put in for the $$ -- they didn't want a receipt or even want to hear that you spent less than the per diem. Silly? A waste? I think so, but yes it is much easier for expense report prep and accounting. I guess if you can convince yourself that the hassle/savings are worth it than OK.
I know that London can be an expensive city, but do you really
need $142 for Meals and incidentals every day?