When you choose the Diners Club Corporate Card System you are choosing experts in their field. Diners Club only operates in the charge card market, allowing us to concentrate on providing the very best for your business.
The majority of companies use multiple payment methods for their travel and entertainment expenses including cash advances, cheques, cab charge, petrol cards, motel cards, personal credit cards and cash reimbursements. Multiple payment methods not only make it difficult to control your company's total travel and entertainment expenditure, but are also difficult and costly to administer. Diners Club can offer a streamlined expense management solution for your employees and better controls and reporting for your organisation.
The key to managing and controlling your company's total travel and entertainment expenditure is to know what is spent and where. Our Management Information System (MIS) reports provides your company with this vital control.
The system is a complete expense management system, providing convenience and control. One system to control your company's total travel and entertainment expenditure. The policy sets the guidelines and provides convenience for the cardholder. Statements provide control and most importantly Diners Club works with you to ensure smooth implementation.
Yes. The Australian Taxation Office has issued a Public Ruling stating that the Diners Club Corporate Card statement can act as an alternative mechanism for obtaining Input Tax Credits. This means you can use the statement to claim tax deductions and GST Input Tax Credits. GST information is not available for transactions made using a MasterCard card. The details provided in relation to MasterCard transactions are not intended to be a substitute for a tax invoice.
If entertaining clients or associates as part of your business activities, it is essential that you know and understand the FBT rules relating to the taxation of entertainment expenses. Any entertainment expenses paid by an employer directly or paid by employees and subsequently reimbursed are subject to FBT. The FBT adjustment schedule is included with the statement.
Diners Club is at your service worldwide. We are committed to providing superior levels of service along with a convenient and effective means of controlling your company's total travel and entertainment expenditure. Diners Club Corporate Cardholders enjoy a wide range of benefits and services, designed to meet the demands of the business traveller.