Reimbursing travel expenses

Society Business and Career
1

How does this work with most companies?

I’m applying for a job with a company that contracts with other companies and the person said they reimburse after every 45 days, although they said that the standard is infact 30 days.

I would be an independent contractor if I was hired (1099 tax form).

The assignments last 3 to 5 days. I have yet to ask them when they start counting the 45 days, because I am awaiting notice of an interview. They said the plane ticket is paid ahead of time (this job requires extensive travel), but hotel, car rental and food is reimbursed in 45 days.

Any explanations will be helpful. Thanks.

2

There is no official 'standard' for paying terms. Some companies set up Net 60 for their paying schedule. Your days start once you invoice the company (the date of invoice).

3

Munni

they probably mean 45 days after the submission of the expenses, they probably also mean 45 working days.

I did not run into this situation much, usually expenses were paid within the same pay period, and in some cases the next pay period.

4

BoSS, What does Net 60 mean?

Fraudz, yep they meant 45 days after submission I think. But is that the norm? Thats what I want to know.

Thanks.

5

Munni

in my experience that is not the norm. Usually it is within 30 days, and in many cases within 2 weeks.

6

Yeah Munni,

For the companies I've been with, you can claim your travel expenses etc. in two weeks after submission - usually coinciding with the bi-weekly pay period. However, if the company payroll is monthly, then it may very well be 30 days.

Speaking of claiming travel expenses, I'm in the process of submitting vouchers for relocation expenses and am wondering what relocation expenses constitute. My collective agreement says nothing about "eligible" expenses, but I negotiated a relocation package as part of my new job. Any ideas anyone ??

7

I don't know about Reimbursing from company but since you will be filling for 1099 tax at the end of the year I know for sure you can include your travel expenses, your home rent or mortgage, 36 cents for every mile you travled, and any other expneses related to your work on 1099 form.