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
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 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
If you spend money on business entertainment you need to be wary of the special tax rules. If you don’t tackle them in the right way you could be missing out on valuable tax relief. What should you
be doing?
Published 18.04.2018
Keeping your customers happy is a vital part of your business’s success so you might think buying them the occasional lunch should be tax deductible. But the Taxman says “no”! Is there a way around
this?
Published 03.11.2011
You’re the sole shareholder and director of a growing trading company. It’s been a good year and you want to celebrate in style with the employees who helped. Will HMRC allow tax relief if you put
the expense of entertaining everyone through the business?
Published 05.09.2023
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
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
HMRC has raised a query on your company’s latest accounts regarding the tax deduction claimed for the costs of your sales campaign. It says they count as business entertainment and so aren’t tax
deductible. Is this correct?
Published 30.05.2014