“We are about to appoint a new Chairman and wondered whether other companies provide a company credit card with this office?”
“We are about to appoint a new Chairman and wondered whether other companies provide a company credit card with this office?”
Address:
89 Kesteven Way,
Corby,
Northamptonshire
NN18 8GF
Registered in England and Wales No. 06008649.
FTSE100 said
We do not provide credit cards to our Chairman or NEDs. Expenses are either billed direct to the Company or paid through the expenses system.
FTSE SMALL CAP said
we did not supply company credit cards to the chairman or NEDs. Indeed, company credit cards were withdrawn from all employees and expenses reimbursed before personal credit card bills were due.
FTSE250 said
We do not provide credit cards to the Chairman or NEDs generally. We do, wherever possible, ensure that expenses are billed direct to the company.
FTSE100 said
We do not provide a credit card for the Chariman or any other NED. Any expenses are either paid directly by the company or reimbursed via the Company’s normal expenses procedure.
FTSE250 said
We do not issue company credit cards to the Chairman and NEDS. We settle any expense claims by cheque/transfer. In fact, we discourage our employees from having a company credit card because of the costs. Instead we reimburse expenses via Global Expense within 7 days of approval, so the individual would normally be in funds long before their personal credit card bill was due. This doesnt seem to be a problem.
FTSE SMALL CAP said
We provide a company credit card for our executive directors and Chairman for payment of business expenses.
FTSE SMALL CAP said
We do not provide company credit cards to any of our NEDs.
FTSE250 said
Yes we do, but not to any other NEDs.
FTSE250 said
we do not provide credit cards to our chairman or NEDs
Doing so would be very ununusual and no doubt would generate tax implications and Directors’ loans issues
FTSE250 said
Our senior executives only have company cards. The chairman and NEDs do not.