EU Business Travel Per Diem & Expense Estimator

What Are Per Diem Rates?

"Per diem," a Latin term meaning "for each day," refers to a fixed daily allowance an organization provides to employees to cover living expenses during business travel. These expenses typically include accommodation, meals, and incidental costs (like laundry or tips). The rates are often set by national tax authorities and represent the maximum amount that can be reimbursed tax-free, simplifying expense reporting for both the employee and the employer.

Why Accurate Expense Budgeting Matters

• For Finance/HR: Creates clear and fair travel policies, simplifies budgeting and forecasting, and ensures compliance with national tax laws.
• For Business Travelers: Provides clarity on their daily allowance, reducing confusion, out-of-pocket spending, and the need for detailed expense tracking.
• For Business Owners: Helps control costs, ensures fair reimbursement for employees, and maintains compliance for tax-deductible expenses.