If you (or a staff member) have to travel abroad for work, then of course your company can reimburse you for the costs of accommodation, food and drink (or pay them directly). If the company is reimbursing you, then there’s two methods of doing it.
The most obvious method is that you just make an expense claim for the actual costs you’ve incurred, and the company keeps it on record with (ideally) the associated receipts.
But if you’re horrible at keeping receipts, or you’re a cheapskate when you travel, there’s an alternative method. HMRC has country-by-country (and in many cases city-by-city) benchmark rates, and you can just pay those to the employee instead. If the employee “profits” from the arrangement, that’s fine, there’s no tax to pay. Of course, they do have to be incurring actual costs – if they’re staying with a friend they can’t claim the benchmark rates as if they were paying for a hotel!
You can find the rates here (the rates from 1 October 2014 are the relevant ones; they were left in place for the year from 1 October 2015):
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