You’ve taken a stand at a trade fair, and to pull in the punters you’ve splashed out on some booze and fancy nibbles. Normally there’s no tax deduction for this type of expense, but you can take
steps to change this - what are they?
Published 15.10.2013
One of our subscribers hosts seminars and provides food and drink during the day. A tax inspector refused to allow a tax deduction for the cost because he says it’s business entertainment. Is he
correct?
Published 12.12.2019
Generally, the cost of business entertainment isn’t a tax-deductible expense. However, it can be where it relates to your employees. How far does this exception stretch and does it make staff
entertainment tax efficient?
Published 23.02.2022
One of our subscribers, who runs a one-man company, wanted to know if he was entitled to a tax deduction for the cost of an extravagant meal with his partner following the completion of a successful
contract?
Published 04.07.2017
One of our subscribers was unlucky enough to be hit with a Companies House penalty for sending in accounts late. His question for us was - do the fine and other fees qualify for a Corporation Tax
deduction?
Published 14.05.2012
Whether you’re planning a summer ball or a more modest event to promote your business, the Taxman’s guidance says you can’t claim a deduction for the cost. But is this always correct?
Published 16.04.2015
You and your fellow directors have just landed a prestigious new customer and you plan to celebrate in style. Is the company entitled to a tax deduction for such expenditure?
Published 19.10.2022
You’re putting on a customer event at which there will be food and drink. Your bookkeeper says that because the event is business entertainment the costs aren’t tax deductible. Is that correct?
Published 12.12.2022
Special rules prevent tax relief being allowed for the cost of business entertainment, but certain related costs escape. How do the blocking rules apply and what are the exceptions?
Published 05.04.2016
You want to provide your staff with uniforms in keeping with your firm’s corporate image, but understand they count as a taxable perk unless conditions set by HMRC are met. How can you avoid a tax
charge from arising?
Published 17.03.2017